Tag: construction steel market
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Global: Billet export prices fall w-o-w amid cautious buying, weaker scrap markets
UAE buyers cautious over billet certification concerns Iranian export offers decline as buyers resist prices Global billet markets remained under pressure during the week ended 4 July as weak downstream steel demand, softer scrap prices, and cautious buying sentiment continued to weigh on trading activity. Export offers declined across Asia, the CIS, and the Middle…