Author: Nabeera
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China weekly: Steel prices edge lower w-o-w ahead of lunar new year slowdown
Weak pre-holiday demand keeps steel prices subdued Market awaits post-Lunar New Year buying pickup Chinese steel prices declined in the week ended 13 February, dragged down by softer raw material prices and weakening demand ahead of the Lunar New Year holidays in the region. Domestic HRC and rebar prices fell w-o-w, while key raw material…