Covid-19 case surge clouds rebar demand recovery in China

With the Covid-19 outbreak in Shanghai continuing to keep the city under lockdown, rebar market participants are increasingly losing their confidence in the recovery of demand during what is considered one of the peak consumption periods of the year.

In early April when the confirmed Covid-19 cases started to rise, rebar market participants were expecting the spread of the coronavirus to be contained within the month and demand for...

Published

Jessica Zong

April 25, 2022

06:45 GMT

Shanghai