Tag: China weekly: Steel prices show mix trends amid downfall in SHFE futures

Steel prices drift lower Inventories at mills rise in mid-June China’s steel prices showed mixed trends this week with decline in SHFE futures. Domestic prices of HRC, rebar, billets and coking coal showed a downward trend whereas iron ore prices edged up for the week. China’s crude steel production decreased by 2.81% to 2.185 million…