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 December 29-31. With further declines in retail inventories, the fundamentals for the two construction steel products are expected to improve this week. On the supply side, as profits from long steel sales