DAILY: China's steel market holds largely stable

China's steel market remained largely stable on November 11, with prices edging down slightly as weaker cost support and subdued demand continued to limit market momentum.

Mysteel assessed the national price of HRB400E 20mm dia rebar at Yuan 3,302/tonne ($495/t) on Wednesday, down just Yuan 1/t on day. The national price of Q235B 4.75mm HRC also slipped by Yuan 1/t to Yuan 3,218/t, indicating little change in overall spot market sentiment. In the futures market, however,