WEEKLY: Near-term outlook on China's steel products

Below is the brief near-term outlook for five key steel products Mysteel shares on a weekly basis, drawing upon the results of related surveys and communication with Chinese market participants.

Rebar & wire rod: Prices of the two major long steel items are forecasted to strengthen over November 10-14. Despite cooled market sentiment and tepid demand slightly dragging down trading activities in the past week, prices of steelmaking raw materials stayed relatively firm, which could provide some cost support