Author: Rahul Shrivas
-

China weekly: Steel prices inch up on firm raw material costs and policy optimism
Raw material costs firm; steel prices edge higher Market sentiment steady but demand remains weak China’s steel market witnessed a slight improvement this week, with a modest uptick in futures. Domestic prices of hot-rolled coils (HRC) and rebars inched up, reflecting a mildly positive trend in the market. Notably, raw material prices showed a firm…