Author: Nabeera
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China weekly: Steel prices edge lower w-o-w on fall in SHFE futures amid weak demand
HRC and rebar prices decline marginally w-o-w Raw material prices show mixed trends China’s steel prices edged down this week, following a decline in SHFE futures as end-user demand remained weak in the region. Domestic hot-rolled coil (HRC) and rebar prices both declined marginally w-ow. Among raw materials, iron ore prices remained stable, billet prices…