Tag: billet prices SEA

Middle East conflict lifts Southeast Asian billet costs; Indian, Chinese materials to fill supply gap

Apr 3, 2026

—

by

Nabeera

in Billet, HRC

Iran’s semi-finished steel exports may temporarily decline by 40-50% Iran supply gap, logistics risks push SEA importers towards India, China Mysteel: Ongoing turmoil in the Middle East is creating a significant steel billet supply gap and driving up regional shipping and logistics risks, pushing import costs for Southeast Asia higher by more than 20%, according…