billets - Latest news GMK Center

May began on an optimistic note amid the holidays in China, but ended with a drop in prices due to Eid al-Adha

The market stabilized following a sharp rise in prices in certain segments in March

Growth was observed in both the slab and square billet segments, and China’s market share increased particularly sharply

The conflict in the Middle East has led to higher freight rates and prices, as well as a shortage of supply

Ramadan and Chinese New Year celebrations slowed market activity last month

Following changes in DIR, Turkish buyers of billets are mostly placing orders on the domestic market

At the same time, last month, the product's Turkey Ex-Works price rose by an average of $5 to $523 per ton

Interest in local harvesting is growing in Turkey

In 2025, the company achieved record results thanks to equipment modernization and technological improvements

Analysts suggest that Black Sea FOB prices may fall to $430/t from $440-445/t in August

The total import of this product for the period increased by 59.2% year-on-year

Slight market recovery in China has pulled up prices in other regions as well