Tag: Weekly round-up: Tight semis supply and freight pressure keep global billet markets firm despite cautious demand

Asian exporters benefit from healthy demand, stronger Chinese offers Kardemir opens fresh sales at reduced prices, sells around 100,000 t Global billet markets remained cautiously firm during the week ended 16 May 2026, supported by tight semis availability, firm scrap prices, and elevated freight costs across key export regions. CIS suppliers maintained firm offers amid…