Tag: China weekly: Steel prices showed mixtrends w-o-w

HRCs, billet tags up, rebar down w-o-w Steel inventories up 5% w-o-w in early May China’s steel market displayed mixed trends this week. Notably, domestic prices of hot-rolled coils (HRC) and billets increased w-o-w, while rebar witnessed a marginal drop. However, in the raw materials segment, spot iron ore prices edged up but coking coal…