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China's EMM Market Remain weak

Source: Mysteel Nov 14, 2024 14:35

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The EMM continued to be weak, with no positive factors supporting the market. There were fewer inquiries in the market, and transactions were even quieter. The supply-demand stalemate was difficult to change, and the price had reached the Yuan 12,000/t($1,670/t) mark. The actual transaction price was mostly around the level of Yuan 12,000-12,050/t($1,670-1,677/t).

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