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GLOBAL BILLET WRAP: Price Trends And THE LANGUAGE OF STEEL
May 07, 2018

GLOBAL BILLET WRAP: Price trends

Global billet prices moved in different directions during the week ended Friday May 4, with limited supply and improved demand pushing prices up for Southeast Asia’s imports, China’s domestic market and Turkey’s exports.

On the other hand, poor demand and market uncertainty led to stable or falling export prices in the Middle East and CIS regions.

 

THE LANGUAGE OF STEEL

Alloy

A material with metallic properties that is composed of two or more substances, of which at least one must be a metal.

Annealing

The heat treatment process by which steel products are reheated to a suitable temperature to remove stresses from previous processing and to soften them and/or improve their machinability and cold forming properties.

 





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