Tag: tighter supply and cautious buying
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Weekly round-up: Billet markets strengthen on higher costs, tighter supply despite cautious buying
Russian supply disruptions support CIS billet prices Middle East markets remain mixed amid weak demand Global billet markets showed a mixed trend during the week ended 29 August, supported by higher raw-material costs, tighter spot availability and expectations of stronger seasonal demand. Asian markets strengthened on rising offers, while CIS prices gained support from disruptions…