Tag: regional billet market
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Weekly round-up: Global billet prices decline w-o-w amid subdued rebar demand
Geopolitical uncertainties lead to cautious sentiment Ample production causes price corrections in China The global billet market remained under pressure in week 16 of CY’25, as subdued downstream demand, particularly for rebars, continued to weigh on buying activity. Market participants across key regions displayed caution, with geopolitical uncertainties and trade-related headwinds further dampening sentiment. As…