Tag: China weekly: steel prices shows downward trend amid low demand

Steel inventories at CISA mills rise in early-Mar SHFE steel futures shows downward trend HRC export offers decline by $15/t w-o-w Chinese steel prices declined this week amid slow domestic demand. Prices of HRCs, rebar, iron ore, billet, coking coal and met coke saw sharp declines. The China Iron and Steel Association (CISA) reported that…