Tag: Chinese billet sentiment
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Weekly recap: Billet prices show mixed trends even as CIS offers edge up; Asian offers weaken
CIS billets rise as freight hikes lift Turkiye offers SE Asian billet bids slide on weak Chinese sentiment Global billet prices moved unevenly in the 34th week of 2025. CIS export activity remained quiet, though FOB Black Sea prices inched up to $445-450/t for October shipments from $440-445/t last week. In Turkiye, rare CIS offers…