Author: Nabeera
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China weekly: Steel prices edge up w-o-w despite weak demand, raw material prices remain mixed
Iron ore prices fall on weak steel market fundamentals Steel inventories increase by 25% y-o-y in mid-Jan’26 China’s steel prices edged up in the week ended 30 January even as demand remained weak. However, raw material price trends were mixed, with iron ore prices recording a slight decline, billet prices remaining stable, and metallurgical coal…