Tag: China weekly: Steel prices rise w-o-w on improved sentiments

Chinese steel prices witnessed an uptrend this week as the market sentiments improved w-o-w. However, domestic rebar prices remained range-bound against last week. Moreover, SHFE HRC and rebar futures for October contract registered a rise on weekly basis. Monthly export-import data- July i) Steel exports stood at 6.67 mnt in July, down 12% m-o-m against…