Steel rebar futures steadied around CNY 3,060 per tonne on Thursday after hitting an eight-week low in the prior session, as Chinese mills prepared to ramp up production following recent output curbs. Producers in key hubs such as Tangshan reportedly planned to restart operations and increase raw material purchases. Still, inventories of major steel products have been rising since mid-August, highlighting sluggish demand tied to the prolonged property downturn. The buildup in stocks continues to pressure prices and may discourage mills from accelerating output. Weak consumption has also squeezed steel margins, curbing appetite for raw materials.
作者:Jam Kaimo Samonte,文章来源tradingeconomics,版权归原作者所有,如有侵权请联系本人删除。
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