WEEKLY: Near-term outlook on China's steel products

Below is the brief near-term outlook for five key steel products Mysteel shares on a weekly basis, drawing upon the results of related surveys and communication with Chinese market participants.

Rebar & wire rod: Prices of these longs may grow over February 20-24, as the accumulation of rebar stocks at commercial warehouses has slowed with the improving demand from end-users. As of February 16, rebar stocks at the 429 warehouses in 132 Chinese cities under Mysteel's tracking gained by 3.1% on