Tangshan, the biggest steelmaking city in China, told residents to stay home due to a Covid-19 surge, according to Reuters. The city accounts for 58% of China's strip-steel output
imo this could give a temporary drop in ore price and Other input of raw material prices for making steel, In turn there could be a world increase in price of finished steel. we will see!!!
Ann: Investor Presentation FY2021 Financial Results, page-112
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