Author: Hitanshi
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China weekly: steel prices show mix trend amid seasonal headwinds and raw material support
Rising raw material costs continue supporting steel prices. Soft downstream buying weighs on China’s steel market. China’s steel prices show mixed trend in the week ended 12 June 2026. Chinese HRC prices dropped whereas rebar prices stable with the market facing a seasonal slowdown. On the raw materials front, prices of iron ore and coke…