Tag: China weekly: Steel prices show mixed trends amid rise in SHFE futures

Chinese steel prices showed mixed trends this week amid rising SHFE futures. Domestic prices of HRC and rebar remained range-bound for the week. Moreover, iron ore, billet and coking coal prices showed an upward trend. Crude steel output of the CISA-affiliated mills stood at 2.168 mnt in late-June 2024, a decrease of 0.8% against 2.185…