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08 Nov
09:09

Covid outbreaks prevent Chinese steel from going south

With the arrival of winter, China's northern steel suppliers have once again sounded the clarion call to enter southern markets. But lockdown measures resulting from surging Covid cases in Guangzhou City are greatly hindering the flow to the tier-1 city or even to Guangdong Province in the short term, Kallanish predicts. As the number of confirmed and asymptomatic new Covid-19 cases soared from dozens to more than 2,000 within ten days, silent control measures…
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