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.
Rebar & wire rod: The prices of these longs may be narrowly rangebound over November 29-December 3, as market sentiment has shown signs of improvement on the expectation of loosening control over bank loan issuance to the domestic property market, though demand in North China has subsided with dropping temperatures.   Chinese

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

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

FREE TRIAL
+65 6653 8227