Tag: China weekly: Steel prices show mixed trends amid rising futures seasonal disruptions
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China weekly: Steel prices show mixed trends amid rising futures, seasonal disruptions
This week Chinese steel prices witnessed mixed trends. While prices of billets and HRCs gained w-o-w amid rising futures and production cuts, those of rebar dropped on seasonal disruptions. Also, despite weak sentiments towards weekend, iron ore prices showed an improvement w-o-w amid the decline in coking coal prices, easing some of the losses, and…