Tag: China weekly: Steel prices exhibit mixed trends amid volatile futures

This week, China’s domestic steel prices witnessed mixed trends due to the decline in  hot rolled coil (HRC) and rebar futures on the Shanghai Futures Exchange (SHFE) along with the recent landfall of Typhoon Muifa. However, active restocking post-the the Mid-Autumn holidays pushed up domestic rebar prices. China’s crude steel production rose marginally by 3%…