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 log a mild rise over March 16-20. The gradual recovery of downstream demand indicates certain resilience in rebar fundamentals despite rising inventories. In addition, the impact of firmer iron ore prices is expected to