Tag: China Weekly: Steel prices show mix trends w-o-w amid decline in futures
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China weekly: Steel prices show mixed trends w-o-w amid decline in futures
China’s steel market saw mixed price movements across products this week. Iron ore spot prices remained relatively stable, while coking coal saw a slight uptick. However, the post-Lunar New Year period brought declines in Chinese billet, HRC, and rebar prices, influenced by fluctuating raw material costs, subdued demand, and fall in futures markets. The China…