Tag: Spot lump premiums at $0.2200/dmtu
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China weekly: Production restrictions, volatile futures weigh on steel prices
Chinese steel prices witnessed a downward trend this week, except for coking coal which continued to gain on the back of supply constraints and good demand. While the ongoing production restrictions are impacting domestic raw material demand and prices, HRC prices are being impacted by weak buying interest due to volatility in the futures market.…