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billets - Latest news GMK Center

Photo – Billet prices rose by $10–20 per ton in regional markets in May
Billet prices rose by $10–20 per ton in regional markets in May

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

Photo – Prices for billets rose by $10–15 per ton in regional markets in April
Prices for billets rose by $10–15 per ton in regional markets in April

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

Photo – Imports of semi-finished products to the EU rose by a third in 2025
Imports of semi-finished products to the EU rose by a third in 2025

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

Photo – Billet prices rose by $10–40 per ton in March in regional markets
Billet prices rose by $10–40 per ton in March in regional markets

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

Photo – Prices for billets fell by $5–10 per tonne on regional markets in February
Prices for billets fell by $5–10 per tonne on regional markets in February

Ramadan and Chinese New Year celebrations slowed market activity last month

Photo – In regional markets, prices for billets rose by $5–10 per ton in January
In regional markets, prices for billets rose by $5–10 per ton in January

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

Photo – Billets prices in December were $438/t on the Black Sea market
Billets prices in December were $438/t on the Black Sea market

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

Photo – Exporters plan to raise prices by $2–3 on the Black Sea market for billets
Exporters plan to raise prices by $2–3 on the Black Sea market for billets

Interest in local harvesting is growing in Turkey

Photo – Kametstal doubles production of high-quality billets at continuous casting machine No. 1
Kametstal doubles production of high-quality billets at continuous casting machine No. 1

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

Photo – Prices for square billets declined in August
Prices for square billets declined in August

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

Photo – Turkey increased imports of billets from Ukraine by 70.6% year-on-year during January–June
Turkey increased imports of billets from Ukraine by 70.6% year-on-year during January–June

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

Photo – Square billet prices rose $10-20 per ton in July
Square billet prices rose $10-20 per ton in July

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

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