Tag: year-end restocking
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Weekly round-up: Chinese billet export offers rise; CIS, Black Sea prices remain stable
Year-end restocking lifts billet enquiries in Saudi Arabia Higher futures push up China’s export offers, demand lags Global billet and scrap markets strengthened in the week ended 5 December, supported by firmer rebar sentiment in Turkiye, tightening supply, and steady buying interest across Asia and the GCC. While Chinese billet export offers climbed up, CIS…