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 post further falls over August 10-14, mostly pressured by sluggish downstream demand. Strong winds and heavy rainfalls brought by Typhoon Dolphin struck eastern China on Sunday and will further dampen long steel demand