Tag: GCC billet demand
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India: RINL re-enters export billet market after a long gap; Middle East disruption lifts demand and prices
China billet export offers jump post-holiday Iran disruption tightens billet supply; supports Indian billet export price On 8 May 2026, Rashtriya Ispat Nigam Limited (RINL) concluded a 30,000 t export tender for CONCAST billet (150 mm & 200 mm, 3SP/4SP) at around $480/t, supported by bullish global billet sentiment and tightening regional supply. Market participants noted…