Asia steel complex hinges on late-January sentiment, price bottom "possible"

The next major change in price direction may happen in the second half of January when market conditions become clearer, after the Lunar New Year and the Beijing Winter Olympics, sources told Fastmarkets in the week.

This is supported by gradually warming sentiment in Asia, led by developments in the key China market. But the current bout of iron ore buying and emerging interest from some...

Published

Lee Allen

Paul Lim

Alex Theo

Tianran Zhao

Zihuan Pan

January 06, 2022

11:33 GMT

Singapore, Shanghai, London