In a nutshell: . STEEL US - Nucor keeps HRC offers unchanged . CHINA CREDIT - December Aggregate financing (2858bn) and New RMB loans (998bn) beat . STEEL BRAZIL - Brazilian HRC prices rises, rebar still struggles . STEEL US - Weekly production recovers, stark differences by region . STEEL EU - ADI receives offers from Jindal, Baku and Bedrock . US REBAR - Long producers hike rebar prices by USD 30/st as scrap moves higher Daily Prices as of January 13th / PRICE MOVERS . MACRO/COMMODITY WRAP: China released better-than-expected December Credit data this morning. Aggregate financing (2858bn yuan) beat on stronger government bond issuance. New RMB loans also came in higher amid the rebound in the mortgage demand, while corporates have remained cautious on their medium- and long-term investment given the murky economic outlook. Base metals trading mixed this morning on the SHFE; zinc -0.3%, copper -0.1%, aluminium +0.2%, nickel +0.2%. Indonesian alumina prices have now declined nearly -25% since early December on expectations of improved 2025 supply following 2024''s supply disruptions. Atalaya Mining (NR) issues 2025 copper production guidance of 48-52kt vs Visible Alpha consensus of 63kt. MMG (NR) expects to resume operations at the Dugald River zinc mine in Queensland after a short disruption from an approaching grassfire. Iron ore futures higher for a fourth consecutive session (+1.6% on Dalian) on elevated steel exports and iron ore shipments from Australia and Brazil slipping 9% w/w according to MySteel data. Gold (USD 2,669/oz) higher this morning ahead of inflation data coming out tomorrow. Speculators have increased net long positions on the COMEX by 12k contracts. . Macro data this week: US CPI on tomorrow (cons. +2.9% y/y); US retail sales on Thursday (cons. +0.5% m/m); Eurozone CPI (cons. +2.4% y/y), US industrial production (cons. +0.3% m/m), and China 4Q24 GDP (cons. +5.1% y/y) on Friday. / . STEEL BRAZIL - Brazilian HRC prices...