Author: Shruti Tripathi
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China weekly: Steel prices edge up following uptrend in SHFE futures
Crude steel production falls 3% y-o-y in H1CY’25 Steel exports rise 11% y-o-y in Jun’25 to nearly 10 mnt The Chinese steel market saw an uptick in prices this week, largely mirroring the rise in Shanghai Futures Exchange (SHFE). Domestic steel product prices, including billet, hot-rolled coil (HRC) and rebar, saw w-o-w increases. Moreover, in…