Tag: China weekly: Steel prices show mix trend w-o-w; futures remain strong

Iron ore spot prices increase by $4/t w-o-w Domestic HRC prices stable, export offers down China’s steel market exhibited mixed trends this week, despite the upward trajectory of Shanghai Futures Exchange (SHFE) prices. Domestic HRC prices remained stable, while rebars rose w-o-w. In contrast, billet prices fell on a weekly basis. Where raw materials are…