China’s steel prices show stabilization amid expectation of stronger demand, analysts say room for improvement limited

China steel production

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China's steel prices show signs of stabilization recently after sliding sharply in the past few months, boosted by expectations of stronger steel demand amid improving real estate financing.

However, analysts say that the room for steel price rebound may be limited as the market is entering a traditional low season for the steel sector, real estate restrictions will remain despite the recent marginal relaxation and market expectation for a weaker housing market is unlikely . . .

 

 

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