Author: Ramavath Mounika
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Weekly round-up: Subdued steel demand keeps global billet markets under pressure
Chinese billet offers decline as buyers show resistance Middle East remains muted on geopolitical uncertainty Global billet markets remained subdued during the week ended 8 August 2026 as weak downstream steel demand, cautious buying, and geopolitical uncertainty continued to limit trading activity across key regions. Chinese domestic billet prices edged down w-o-w as export activity…