Tag: Russian billet offers edge higher; Iran market sidelined by political unrest

Futures strengthen; spot billet demand remains weak in China Scrap-led support lifts Turkish billet imports marginally Global billet prices firmed in the week ended 16 January 2026, supported by improving sentiment, though buying interest remained limited, especially across Southeast Asia, as wide bid–offer gaps continued to restrict deal activity. Asian billet export prices have strengthened…