Author: Shruti Tripathi
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China weekly: Steel prices show slight uptick w-o-w as futures edge up
HRC prices witness marginal w-o-w rise Rebar prices edge down in off-season China’s steel market saw a slight uptick this week. Domestic prices of hot-rolled coils (HRCs) rose marginally. Notably, raw material prices also displayed a mild correction w-o-w, with iron ore and coking coal prices rising marginally while billet remained firm. 1. Iron ore…