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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.
Rebar & wire rod: The prices of these longs may soften further over October 25-29, as operations at the construction sites in North China have been slowed by the dropping temperatures, while demand in East China has been lukewarm.   Besides, rebar stocks at China's 137 steelmakers under Mysteel's tracking reversed from

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