Tag: Black Sea steel market

Weekly round-up: Global billet markets subdued amid weak demand, cautious buying

May 30, 2026

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by

Ramavath Mounika

in Billet, Semi Finished

Middle East steel market softens during Eid holidays Strong rouble continues pressuring Black Sea exporters Global billet markets remained subdued during the week ended 30 May 2026, as weak steel demand, cautious buying sentiment, and geopolitical uncertainties weighed on trading activity across Asia, the CIS/Black Sea region, and the Middle East. Chinese billet export prices…