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China's hot rolled coil prices rebounded slightly from the earlier slump, thanks to improving sentiment, but weak demand and stable production restrained their growth. Exports, however, remained muted due to low demand and prices last week, Kallanish notes. In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 4,390-4,420/tonne ($648-653/t), up CNY 50/t week-on-week. On the Shanghai Futures Exchange, meanwhile, the most-traded Oct…
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