Tag: steel market week 45

Weekly round-up: Chinese domestic billet prices weaken on demand slump; CIS tags remain firm

Nov 8, 2025

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by

Anshuman

in Billet, Semi Finished

GCC mills switch to rebar production amid muted billet sales CIS producers eye semis exports to balance domestic slowdown The global billet market remained mixed in week 45, with modest gains across Asia and the Middle East, while CIS and Turkiye stayed range-bound. Russian exporters held billet offers steady at $440-445/t FOB Black Sea, while…