Tag: mirroring lower SHFE futures

Domestic HRC, billet tags down by $11/t Australian PHCC prices increase by $8/t China’s steel market saw mixed performance this week, impacted by declining SHFE futures and global economic shifts. Domestic hot-rolled coil (HRC) and rebar prices dropped w-o-w, while billet tags also saw a decline. In the raw materials segment, spot iron ore prices…