Tag: China weekly: Steel prices rebound towards weekend; supply-demand mismatch weighs on offers
-

China weekly: Steel prices rebound towards weekend; supply-demand mismatch weighs on offers
This week Chinese finished steel prices showed mixed trends amid production cuts from mills’ side, leading to mismatch between supply and demand. Moreover, rise in Shanghai Futures Exchange HRC and rebar prices w-o-w lent some support to spot prices towards the weekend. October exim data i) China’s steel exports rose by 4% m-o-m to 5.184…