Mon, 20 Apr 2020 21:00:57 +0000
Chinese steel stockpiles reached record highs amid the coronavirus outbreak, but are now steadily easing. This paints the picture of an increased construction activity and a growing seaborne demand for the key dry bulk commodity of iron ore. Demand returning to normal levels Steel inventories in China have been showing a steady downward trend following …
Full article: https://www.hellenicshippingnews.com/chinese-steel-stockpiles-retreating-a-positive-indicator-for-iron-ore-demand/