Tag: China weekly: Steel prices rise w-o-w following uptick in futures
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China weekly: Steel prices rise w-o-w following uptick in futures, easing Covid restrictions
Chinese steel prices across all product categories saw an upward trend with the ease in Covid restriction and gains in HRC and rebar futures on the Shanghai Futures Exchange (SHFE). November export-import data i) China’s steel exports rose by 8% m-o-m to 5.59 mnt in November as against 5.18 mnt in October. ii) Steel Imports…