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MBR estimates that, in 2020, finished steel consumption in East Asia and Southeast Asia (excluding China) will exceed 250 million tonnes.
China’s spot steel prices mostly increased on Monday July 14 amid gains in the futures market.
China’s spot steel market was mixed on Wednesday July 9 amid differing levels of demand and stock availability.
China’s spot rebar prices were mixed on Tuesday July 8 due to the different transaction levels in the two main trading regions, while those for hot rolled coil remained steady amid lukewarm trading.
China’s spot steel prices were unchanged on Monday July 7 on slack buying amid cautious sentiment in the market.
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