China’s ferrous market abandons ‘Golden March and Silver April’ expectation amid poor outlook, limited demand

Market participants seem to have abandoned expectations of a “Golden March and Silver April” in China’s ferrous market due to a slow restart of construction, as well as maintenance of steelmaking facilities planned for March, sources told Fastmarkets.

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Published

Jessica Zong

Alice Li

Jessica Long

Zihuan Pan

Shu Yi Zheng

Bella Cheng

February 29, 2024

15:30 GMT

Singapore, Shanghai