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

Iron ore spot prices decline by $6/t w-o-w HRC prices down, but Bao holds Dec offers The Chinese steel market faced a significant decline, following the downward trajectory of Shanghai Futures Exchange (SHFE) prices. Domestic steel products, including billets, hot-rolled coils (HRC), and rebars, witnessed w-o-w price drops. Additionally, prices of key raw materials like…