Author: Nabeera
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China weekly: Steel prices edge higher w-o-w on raw material support, gains in SHFE futures
HRC prices rise, rebar remains flat w-o-w Billet prices inch up despite muted demand China’s steel prices edged higher this week, supported by gains in SHFE futures. Domestic hot-rolled coil (HRC) prices rose slightly, while rebar prices remained unchanged w-o-w. Raw materials, including iron ore, billets, and coking coal, also saw marginal gains. The China…