Author: Shruti Tripathi
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China weekly: Steel prices show mixed trends tracking divergent movements on SHFE
Rebar prices edge up slightly w-o-w Market absorbs 3rd round of coke price hike The Chinese steel market saw mixed trends this week. Domestic prices of hot-rolled coils (HRCs) held stable and rebars rose marginally. Notably, raw material prices also displayed a mild correction w-o-w, with iron ore and billet tags rising marginally and coking…