Tag: Spot pellet premiums

  • China weekly: Steel market exhibits mixed trend

    China weekly: Steel market exhibits mixed trend

    Chinese steel market exhibited mixed sentiments this week amidst tighter production curbs, and with the People’s Bank of China reducing the reserve requirement ratio (RRR) of commercial banks by 0.5 points. Prices of raw materials as well as finished steel witnessed a slight upward trend. However, those of HRCs saw a marginal decline owing to…