Author: Nabeera
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China: HRC, rebar prices extend decline in Jul’26 as production cuts fail to rebalance market
HRC outperforms rebar as manufacturing demand remains firmer than construction Mill losses trigger production cuts but weaker demand limits price recovery Slower exports and rising trade barriers increase reliance on domestic market rebalancing Morning Brief: China’s steel market remained under pressure in July as mills accelerated production cuts in response to widening losses, but weaker…