Tag: CHina Steel Market Highlights

China weekly: Steel prices rise as mills restock ahead of Lunar New Year holidays

Jan 22, 2022

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by

Kanishka Chhabria

in HRC

Chinese steel prices moved up w-o-w on the back of restocking activities ahead of the Lunar New Year holidays alongside the easing monetary policies of the central bank providing a boost to the market sentiments. 1. China spot iron ore prices increase w-o-w: Chinese spot iron ore fines Fe 62% prices opened at $124/t CNF…