Tag: China weekly: Steel prices continues to fall amid slow demand

  • China weekly: Steel prices continue to fall on soft demand

    China weekly: Steel prices continue to fall on soft demand

    Chinese crude steel output decreases in H1 China’s steel exports remains stable Steel prices in China fell this week, following a similar trend in contracts traded on the Shanghai Futures Exchange (SHFE). This drop affected domestic prices of steel like hot-rolled coil (HRC) and rebar. The decline extended to raw materials as well, with iron…