Tag: China weekly: Steel prices show mixed trends w-o-w amid weak domestic demand

HRC export offers increase by $5/t w-o-w SHFE HRC, rebar futures decline w-o-w China’s steel market saw continued fluctuations in the week, with weakening macro sentiment and sluggish demand weighing on prices. Demand improvement was slow, reflecting a challenging market environment. Domestic prices of hot-rolled coils (HRCs) and rebars declined, mirroring the downtrend in SHFE futures.…