UTC+8 ( BJT)

FEATURE: China steel market in low holiday-buying mood

ABSTRACT

Restocking sentiment among Chinese steel market players has waned this week, as most have started looking beyond the National Day week holiday over October 1-7 to ponder the fundamentals of key products and their price movements after the break. Arguably, the market outlook has rarely been this uncertain.
For most steelmakers, the coming week will be rather ordinary, as their usual practice is to keep producing throughout the holiday – admittedly, paying higher salaries to those workers opting to stay on the job – and beefing up raw materials inventories beforehand to tide them over. On the other

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