Author: Admin Operation
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China steel market may see short-term rebound on policy prop
Steel indices drop over 23-27 May Production cuts to ease short-term inventory pressure But market confidence alive despite ‘off-season’ shadow Govt on front-foot to revive economy with new projects Morning Brief: In the week 23-27 May, 2022 (22nd week of the calendar), the Lange national steel index touched RMB 5,081/t, a dip of 1.6% w-o-w…