CHINA STEEL WRAP: Steel market mixed this week

Dec 23, 2011 | 06:21 AM |

Chinese steel prices were mixed this week, with long product prices slipping and hot rolled coil prices picking up. In the Shanghai market, 16-25mm diameter grade III rebar was changing hands at 4,190-4,460 yuan ($659-700) per tonne on Friday, flat with Thursday but down 10-70 yuan from a week ago. Wire rod prices were in the range to 4,320-4,350 yuan per tonne, unchanged from....

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