Tag: China weekly: Key steel mills lift domestic offers on hike in exports offers
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China weekly: Key steel mills lift domestic offers on hike in exports offers
This week, China’s domestic HRC and rebar prices registered a marginal decline following the National Development and Reform Commission’s (NDRC’s) announcement that they would punish any violations such as manipulating or hoarding in commodity prices besides dull end-user demand due to increase in Covid-19 cases. Exports offers, on the other hand, rose because of increased…