Tag: China weekly: Volatile futures

  • China weekly: Volatile futures, low demand weigh on steel prices

    China weekly: Volatile futures, low demand weigh on steel prices

    China’s domestic steel market prices continued to head south amid low demand and volatility in the futures market. The stringent restrictions on blast furnace and sintering activities weighed on iron ore prices. A decline in market activities amid adverse weather conditions also pulled down prices of hot rolled coils (HRC) and rebar. Monthly export-import highlights…