MONTHLY: China's construction steel prices to soften slightly in October

China's construction steel prices are expected to trend downwards slightly this month, despite a possible further decline in production, suggests Mysteel's latest monthly report on the sector.

By end-September, weekly production of rebars – the most representative construction steel item in China – totalled 2.07 million tonnes during the week of September 25-30, down by 135,400 tonnes from the final week of August, the findings of Mysteel's survey among the 137 Chinese steel mills it regularly