Tag: weekly billet sentiment
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Weekly round-up: Global billet market exhibits weak sentiment w-o-w
The global market for steel billets exhibited weak sentiment this week. Notably, sluggish demand of billet kept market players inactive due to insufficient demand in the region, absence of billet export trade activities amid bid-offer disparities and volatility in Chinese rebar futures. Meanwhile, Turkiye’s import scrap prices remained largely stable as mills are relatively interested…