Tag: #morningbrief
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China: HRC holds firm in Apr’26 while rebar prices rise as supply tightens
Rebar prices rise on supply cuts and improving construction activity HRC demand absorbs supply as inventories decline Momentum weakens as holidays approach and transactions slow Morning Brief: Chinese hot-rolled coil (HRC) and rebar prices recorded varying price movements in April 2026. Tangshan HRC prices increased marginally m-o-m to RMB 3,392/t ($498/t), while rebar prices rose…