Tag: China weekly: Steel prices show mix trend amid volatile futures

Chinese steel prices showed mixed trends this week amid volatile HRC and rebar futures on the Shanghai Futures Exchange (SHFE). Steel inventory: Steel inventory at CISA mills stood at 17.74 million tonnes (mnt) in early-March, 2023. Volumes rose by 284,300 tonnes (t) or 1.63% over 17.41 mnt in late-February. Inventory dropped 325,400 t or 1.80%…