Tag: GCC rebar demand
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Weekly round-up: Global billet sentiment improves; suppliers lift offers across CIS, Asia, and GCC
Cheaper Asian billet restricted upside for GCC producers Turkish rebar strength continued pulling global billet prices higher Global billet and scrap markets strengthened in the week ended 28 Nov, driven by firmer rebar sentiment, tightening supply, and steady buying interest across Turkiye, Asia, and the GCC. Suppliers in the Black Sea, CIS, and Asia raised…