Chinese steel prices Loading... : Investor Sentiment and Bull/Bear Views
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01:21
Sep 18
Sep 18
Chinese steel prices may rebound Q4.
Chinese steelmakers are mostly loss-making and have announced October price hikes; with seasonal demand recovery, production cuts, higher raw material and energy costs, and price gains elsewhere in Asia, Chinese steel prices should rebound in Q4. However, weak structural demand, especially property, limits upside to roughly raw material cost pass-through.
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About Chinese steel prices Investor Commentary
Across the available history and selected sources, Buzzberg tracks Chinese steel prices across 1 sources: 1 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 100% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Past 7 days, before deduplication: 1 bullish. Latest voices: Park Seong-bong.