Tag: China weekly: Steel prices show mixed trends amid weak demand COVID resurgence

Steel prices witnessed mixed trends this week due to slow demand admist resurgence of COVID-19 cases in some parts of China along with fresh production curbs announced by the State Council. However, export offers for hot-rolled coils (HRC) jumped $5/t w-o-w on increased demand in the overseas markets. Monthly export-import data: i) Steel exports surged…