UTC+8 ( BJT)

WEEKLY: Near-term outlook on China’s key steel products

ABSTRACT

Below is the brief near-term outlook of the five key steel products Mysteel shares on a weekly basis, drawing upon the results of related surveys and communication with the Chinese market participants. China will be celebrating the National Day holiday over October 1-7.
Rebar & wire rod:The prices of these longsmaystrengthenoverSeptember 27-30,as the supply is likely to decrease further with the ongoing production curbs inmany part of China including Shandong, Jiangsu, Guangxi and Guangdong, and some mills Hebei, Anhui and Northeast China havehad to trim output because of power rationing. As of September 23,

............

To read the full article take a free 7-day trial to Mysteel Global

FREE TRIAL
+65 6653 8227