Category: Rebar
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Chinese steelmakers’ profitability deteriorates in Jun’26
Sharp $26/t rise in met coke costs offsets $8/t drop in iron ore prices Rebar losses stand at $11/t, HRCs at $4/t; only heavy plates profitable SteelDaily: Chinese steelmakers’ profitability deteriorated sharply in June as production costs increased, while steel prices continued to weaken. By the end of June, the production costs of key steel…