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 forecast to dip over January 12-16. Production of the two construction steel products may continue to increase this week as most steel mills still maintain modest profit margins from selling steel longs. Meanwhile, downstream demand is