Tag: Russian mills
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Weekly round-up: CIS, Asian billet prices ease; UAE demand strengthens
CIS export prices slip amid muted trade UAE billet demand rises on stronger rebar momentum In the 36th week of 2025, global billet prices continued to ease. Major Russian mills held back October offers, keeping availability thin, while Turkish buyers stayed cautious with price ideas at $425-430/t FOB ($450-455/t CFR). In Asia, increased competition from…