Tag: Weekly round-up: Black Sea billet prices stable; Chinese export offers rise on production cut expectations

Iranian domestic prices edge up; export deals stay discounted Chinese domestic prices hold steady on firm raw material costs Global billet and scrap markets firmed up in week 47 (17-22 November), led by Asia. Chinese 3sp billet offers rose by $4-5/t to $435-438/t FOB amid production cut expectations, though buyers stayed near $430/t, widening the…