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Mysteel: Review of national steel strand market prices in July
Ferrous metal futures markets strengthened across the board in mid-to-late July, with major commodities like iron ore, coking coal, and coke all seeing significant increases. In contrast, the steel strand market initially performed relatively flat, but prices subsequently followed suit, driven by rising raw material prices last weekend and early this week. I. Key Market Performance The domestic steel strand market saw significant overall growth in July, with diverging increases across regions....
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