Tag: EAF losses

SE Asian billet market weak; Philippine bids steady at $450/t Turkiye, Russia cut rates; Egypt imposes 16.2% safeguard duty In the 37th week of 2025, global billet prices were range-bound. CIS exporters held offers steady, though price cuts are expected amid a weaker rouble and softer Turkish demand. In Asia, bids for Chinese billet in…