Tag: China weekly: Steel prices decline following down trend in SHFE futures

China’s steel exports rise y-o-y Steel inventories decline in late-May’24 SHFE futures show downward trend Chinese steel prices showed a mixed trend this week following the decline in SHFE futures. Domestic prices of HRC, rebar, iron ore and billets showed a downward trend. Prices of coking coal, however, inched up. The China Iron and Steel…