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: China's prices of the two major long steel items are expected to fluctuate around current levels over July 20-24. Although downstream demand remains sluggish amid the ongoing summer lull for construction steel consumption, supply pressure eases further with steel mills' increased maintenance stoppages, which is