Tag: scrap prices Southeast Asia

Global billet market: Weak Asian demand contrasts with firm GCC offers and rising Turkish prices amid Iranian shipping risks

Oct 17, 2026

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by

Anshuman

in Billet

Asian buyers remain cautious amid weak demand and high import costs. Iranian export activity improves despite shipping and security challenges. Global billet markets moved in different directions during the week ending 16 October 2026. Trading remained slow in Asia as buyers avoided fresh purchases, while supply shortages and shipping difficulties continued to affect the Middle…