Tag: China weekly: Finished steel raw material prices show mixed trends

  • China weekly: Finished steel, raw material prices show mixed trends

    China weekly: Finished steel, raw material prices show mixed trends

    Iron ore spot prices rise amid active restocking Billet prices drop $3/t despite late-week rebound China’s domestic steel prices, including billets and hot-rolled coil (HRCs), declined w-o-w, while rebar increased. In the raw materials segment, trends were mixed, with iron ore prices rising and coking coal easing w-o-w. The China Iron and Steel Association (CISA)…