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 underpinned by low supply and resilient demand over December 15-19. Output of the two construction steel products continued to decline last week as some steel mills conducted maintenance on their steelmaking facilities as