Prices of carbon steel billets in China are expected to ease slightly this month, mainly under pressure from subdued demand in the summer lull and fading cost support from raw materials prices, according to Mysteel's latest monthly report on the sector.

China's exports of finished steel over January-May totaled 44.55 million tonnes, lower by 8.1% from the first five months of last year, according to the latest statistics from the country's General Administration of Customs (GACC) published on June 9.

Amid conflicting bullish and bearish factors, Chinese tin prices in June are expected to fluctuate at elevated levels within a range of Yuan 380,000/tonne-Yuan 460,000/tonne.   From a macro perspective, expectations of loose domestic monetary liquidity in China, backed by policy support, should be f