Tag: steel billet market
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Weekly round-up: Global billet prices fall on lower bids, limited trades
US-origin deal supports Turkiye scrap offers Seasonal slowdown impacts trade in Asia The global billet market remains muted, with limited trading activity and weak downstream demand, particularly from the rebar segment. Misaligned price expectations between buyers and sellers have stalled deals. A bearish outlook in Asia, and seasonal construction slowdowns continue to weigh on sentiment.…