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Global billet markets subdued amid weak demand, cautious buying

Source: BigMint Jun 02, 2026 10:00

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Middle East steel market softens during Eid holidays. Strong rouble continues pressuring Black Sea exporters

Global billet markets remained subdued during the week ended 30 May 2026, as weak steel demand, cautious buying sentiment, and geopolitical uncertainties weighed on trading activity across Asia, the CIS/Black Sea region, and the Middle East. Chinese billet export prices softened amid weaker domestic sentiment and sluggish construction activity. CIS/Black

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Price Curve

Daily Prices

Square billet prices: China's major cities

Jun 02, 2026 17:25
Square billet EXW prices: Tangshan major mills

Jun 02, 2026 17:23
Construction steel procurement prices: Shenzhen

Jun 02, 2026 17:21
Major steel product prices: Guangdong

Jun 02, 2026 17:21
Construction steel prices: Shenzhen

Jun 02, 2026 17:19

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