China Steel Market Highlights in the Second Week of 2020
Mining News Pro - This week, the domestic steel prices witnessed a decline on the back of fluctuating futures in the domestic market. However, export offers remain largely supported over active trade inquiries from overseas buyers.
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China Steel Market Highlights
Mining News Pro - This week Chinese steel market exhibited mixed sentiments as the steel export offers softened despite hike in domestic prices. Chinese HRC and rebar export offers inched down this week amid public holidays and subdued trades. Meanwhile coking coal prices fell amid lowered Chinese buying interest. Meanwhile billet export offers fell on weekly basis. However iron ore prices reported surge on supply concerns.
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