Tag: billet trade flows
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Weekly round-up: Black Sea billet strengthens on currency gains, Chinese offers remain stable
Iran remains absent from export market GCC offers unworkable on high freight Global billet markets showed mixed trends this week, with CIS/Black Sea prices strengthening on a firmer rouble and firm seller control, while China lent support through stronger domestic billet and rebar futures, keeping export offers largely stable w-o-w. Southeast Asia remained cautious, with…