Tag: China: Steel prices rise as economy recovers. But iron ore a red flag?

Real estate, auto sectors show signs of revival Funding scenario improves, inventory at comfortable levels Steel demand yet to peak, prices may rise further Morning Brief: China’s steel prices are rising. On 13 March, Shagang Steel raised rebar prices by RMB 50/t (7/t) for mid-March sales while Baosteel hiked HRC prices by RMB 200/t ($29/t) for…