Iranian export prices for steel billet and slab went through several rounds of increases over the week to Wednesday May 12, supported by demand from China.
China's domestic rebar prices surged on May 10 and set a new high after the October futures contract on the Shanghai Futures Exchange hit the daily limit within 10 minutes of the start of trading.China's hot-rolled coil prices surged on May 10 after HRC futures rose to their daily limit amid fears over inflation. Prices...