US steel import permits down 4.9 percent in December
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A sizable volume of imported billet has been traded to China this week after the price decline seen since late December.
Turkish producer Kardemir opened its local billet sales and closed them after a couple of hours, today, January 6.
Today, January 6, Turkish domestic rebar spot prices have risen by TRY 250-300/mt, with minor changes on US dollar basis.
The billet market in Turkey has been waiting to see a clearer price trend amid the somewhat ambivalent expectations voiced by different sources.