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 these two major long steel items are expected to gain ground over October 12-16. As October marks a traditional peak month for steel consumption in China, restocking demand from downstream building contractors is likely to persist in the near term, easing inventory