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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 be narrowly rangebound over December 20-24, as most construction sites in the southern part of China have remained their normal operations, and construction steel supply from mills will remain largely stable.   Steel traders tend to sell off their stocks to minimize the

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