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China's steel prices to be rangebound on supply rises

China's domestic steel prices are likely to be rangebound in the near term throughout June, and supplies have been on the rise, offsetting the efforts by the Chinese mills and traders in destocking, market sources shared on May 15.
China’s domestic steel prices are likely to be rangebound in the near term throughout June, and supplies have been on the rise, offsetting the efforts by the Chinese mills and traders in destocking, market sources shared on May 15.China’s national average price of HRB 400 20mm dia rebar, for example,

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