Chinese stainless steel market participants start holiday earlier amid Covid-19 outbreak

An unexpected outbreak of Covid-19 in China and weak demand for stainless steel have led market participants to begin their Chinese New Year break some one or two weeks earlier than the official January 31-February 6 public holiday.

In the past month, Covid-19 infections had been reported in Shaanxi province’s Xi’an city, Tianjin city, Henan province and Guangdong province’s Shenzhen city.

Restrictions on mobility have...

Published

Jessica Zong

January 13, 2022

03:00 GMT

Shanghai