Tag: China weekly: Steel prices fall w-o-w amid decline in SHFE futures

SHFE steel futures continue to decline China’s steel exports rise over 7% in July Chinese steel prices continued their downward trajectory this week. Prices of key products like hot-rolled coil and rebar declined, mirroring the slump in Shanghai Futures Exchange contracts. Weakening demand was also reflected in lower prices of raw materials such as billets,…