Tag: China weekly

  • China weekly: Steel prices rise post-holidays, HRCs remain flat

    China weekly: Steel prices rise post-holidays, HRCs remain flat

    Chinese steel prices moved up this week except in domestic HRCs as the market resumed after the festive holidays. Restocking activities boosted iron ore prices, while supply constraints pulled up coking coal prices further. However, slow overseas demand kept HRC export offers range-bound while concerns arising out of curbs over power consumption extending to downstream…