Tag: China rebar

China weekly: Steel prices edge lower as govt steps in to control iron ore prices

Feb 19, 2022

—

by

Kanishka Chhabria

in HRC

Chinese steel prices trended lower due to slower-than-expected demand post CNY holidays. Market sentiments were hit by a sharp fall in futures amid severe inspections by Chinese regulators to control iron ore pricing policy. Product wise sentiments – 1. China spot iron ore prices fall on tightened NDRC checks: Chinese spot iron ore fines Fe…