SteelMint

Author: Nabeera

  • China: HRC outperforms rebar as manufacturing offsets construction weakness

    China: HRC outperforms rebar as manufacturing offsets construction weakness

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    by

    Nabeera
    in ,

    Higher raw material costs, resilient manufacturing lift HRC through Aug and early Sep Construction slowdown, weather disruptions, weak housing demand continue to pressure rebar September demand recovery will determine divergence between flat and long product prices Morning Brief: China’s HRC and rebar prices diverged through August as resilient manufacturing demand, higher raw material costs and…