Tag: China’s major steel prices at multi-year lows
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China’s major steel prices plunge to multi-year lows
MySteel Global: China’s prices of major steel products continued the downtrend over 12-16 August, as sentiment in the domestic steel market remained weak overall with poor performance of major ferrous futures and dull demand from downstream steel-users, Mysteel Global learned. Rebar: As of 16 August, the national price of HRB400E 20mm dia rebar under Mysteel’s…