Category: Rebar
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China weekly: Weak demand weighs on steel prices, raw materials reflect mixed trends
Rebar and billet prices fall as construction demand weakens Coke price hikes face resistance amid weak mill profitability China’s domestic steel market remained under pressure during the week, as subdued end-user demand and cautious buying limited price support. HRC prices edged down marginally, while rebar and billet prices declined w-o-w amid weak consumption and limited…