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Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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January 2020 | Steel Raw Materials


Coronavirus outbreak stalls steel raw material markets: Latest Analysis


The Chinese government has imposed restrictions on the movement of people and goods and extended the holiday until Monday February 10.

Coronavirus outbreak stalls steel raw material markets Just as China and the US started to reach a deal and the trade tensions eased, the coronavirus has again increased the uncertainty in the steel and steelmaking raw material markets. Although there may be little or no impact of the coronavirus on China’s GDP in the long run, we have already past the point of “no effect” on the market as raw material prices, and...

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