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 fluctuate within a narrow range over June 15-18. Sluggish demand for construction steel amid frequent downpours, high temperatures, and tight project cashflow will continue weighing on long steel prices. This, together with a rebound