Tag: China weekly: Steel prices show mixed trend amid volatile SHFE futures

Chinese steel prices showed mixed trends this week amid volatility in SHFE futures. Prices for steel futures contracts (HRCs and rebar) on the Shanghai Futures Exchange (SHFE) dropped significantly last week. However, this week there are signs of a rebound in the Chinese futures market, with both HRC and rebar prices rising w-o-w. Prices of…