Tag: Weekly round-up: Chinese and GCC billet price soften; Black Sea prices remain stable

Southeast Asia buyers wait for deeper price corrections Iran billet exports paused amid currency uncertainty Global billet and scrap markets softened in the week ended 12 December as buying interest remained muted across Asia and the GCC. Chinese billet export offers eased w-o-w, pressured by weakening domestic sentiment and persistently slow demand from Southeast Asia,…