Varied Covid-19 lockdown measures in China keep ferrous markets on toes

Mixed approaches to Covid-19 lockdowns in major Chinese industrial and economic centers are keeping the domestic ferrous markets on their toes, industry sources told Fastmarkets.

The transportation of dry bulk cargoes of steel and steelmaking raw materials has remained challenging in some key markets, especially in Covid-19 epicenter Shanghai and steel production hub Tangshan. This...

Published

Jessica Zong

Alex Theo

Min Li

Tianran Zhao

Zihuan Pan

Norman Fong

April 18, 2022

12:08 GMT

Shanghai