Tag: China weekly: Domestic steel prices rise w-o-w amid restocking demand before Golden Week holidays
-

China weekly: Domestic steel prices rise w-o-w amid restocking demand before Golden Week holidays
China’s domestic steel prices saw an uptrend this week due to an improved demand from end-users ahead of the “Golden Week” or National Day holidays (1-7 October, 2022). However, the Chinese currency depreciation weighed on HRC export offers and iron ore prices. Product wise sentiments- 1. China spot iron ore prices edge down w-o-w: Chinese…