Category: Rebar
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China Weekly: Domestic steel prices declined on muted demand
Crude steel production reached 83.63 mnt in April Falling raw material prices deepen bearish market sentiment. China’s steel prices declined higher in the week ended 22 May 2026, with domestic hot-rolled coil (HRC) and rebar prices recording notable week-on-week (w-o-w) drop. On the raw materials front, prices of iron ore billet also trended downward while…