Tag: Weekly recap: CIS billet offers stable; Asian buyers cautious amid low demand

Iranian billets face banking, delivery hurdles SE Asian buyers seek spot-ready shipments In the 29th week of 2025, the global billet market stayed subdued amid thin trade and weak demand, largely due to summer holidays in Turkiye and thin buying interest across regions. Offers for 3SP Chinese cargoes hovered around $455/t CFR. Asian FOB levels…