Tag: Weekly round-up: Global billet markets mixed amid supply concerns; weak rebar demand

Freight costs, supply disruptions keep GCC billet prices supported Weak downstream demand in Turkiye continues to limit aggressive buying Global billet markets remained mixed during the week ended 23 May 2026 amid elevated freight costs, geopolitical uncertainty, and tight supply conditions. Meanwhile, weak downstream rebar demand and cautious buyer sentiment continued limiting aggressive buying activity…