Author: Nabeera
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China weekly: Steel prices decline w-o-w on weak demand, export licence uncertainty
HRC and rebar prices decline marginally Raw material prices fall w-o-w China’s steel market saw a modest downturn this week led by a decline in SHFE futures. Domestic HRC and rebar prices edged down slightly w-o-w, while raw materials, including iron ore, billets, and coking coal, also posted marginal declines. China’s steel exports reached 9.98…