Tag: China weekly: Steel prices show mixed trends w-o-w; futures maintain volatility
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China weekly: Steel prices show mixed trends w-o-w; futures remain volatile
China’s steel market experienced mixed trends this week. Notably, domestic steel prices, especially that of billets and rebar, decreased due to shifts in raw material costs and futures market trends. While hot-rolled coil (HRC) prices remained flat and iron ore prices were range-bound, conversely coking coal prices showed an uptick. The average daily crude steel…