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 be rangebound over December 1-5. Prices of these two items strengthened last week amid bullish market sentiment, but spot sales remained subdued. The increase in combined output of rebar and wire rod may remain