Tag: China weekly

  • China weekly: Chinese steel market bullish but demand subdued

    China weekly: Chinese steel market bullish but demand subdued

    The Chinese domestic market showed a positive trend throughout the week over the recent announcement of production cuts which resulted in an increase in finished steel prices. Also, raw material and finished steel prices were on an uptrend following increased futures prices. However, demand continued to remain lacklustre as the adverse weather conditions kept raising…