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 expected to be slightly volatile over June 8-12. Contracting downstream demand for long steel items amid the summer lull is likely to curb the inventory circulation from steelmakers to traders and consequently uplift mills' long steel