掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


Iron-ore futures slide as investors monitor demand in China

  • Saturday, May 7, 2022
  • Source:ferro-alloys.com

  • Keywords:Iron-ore
[Fellow]Iron-ore futures slide as investors monitor demand in China

【Ferro-alloys.com】Iron-ore flipped to losses as risk aversion across financial markets escalated and investors assessed the demand prospects in top consumer China.

Stocks slid with bonds Friday as inflation, rising borrowing costs and China’s virus lockdowns depressed sentiment. The outlook for iron ore is being complicated by the country’s Covid-zero target.

At a meeting held Thursday, the Politburo reiterated its support for a lockdown-dependent approach to contain the virus. That follows President Xi Jinping’s bold commitment last week to boost infrastructure construction to rescue economic growth, which has come under pressure from the nation’s Covid strategy.

“The meeting held yesterday revolved mainly around epidemic control,” Wei Ying, a ferrous analyst at China Industrial Futures, said. “This indicates that restrictions will hold in the near future, which has sparked some concerns” about the impact on the economy.

Meanwhile, post-holiday demand for the steelmaking ingredient has picked up only slightly, according to a note by Holly Futures. Virus-related lockdowns have slowed down the movement of iron ore shipments, while overall market demand faces great uncertainty from the spread of Covid in China, it said.

Futures in Singapore fell 2.8% to $141.50 a ton, after closing 1.7% higher Thursday, as of 11.56 a.m. local time. Futures in Dalian slipped 1.6%. Steel rebar and hot-rolled coil declined in Shanghai. 

  • [Editor:zhaozihao]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 积石山| 太仓市| 习水县| 清原| 鹿泉市| 同江市| 富平县| 张北县| 龙里县| 清苑县| 祁连县| 巨鹿县| 乳山市| 曲靖市| 赞皇县| 钟山县| 新建县| 漳州市| 衡水市| 安岳县| 无为县| 景谷| 民乐县| 赤水市| 正定县| 榆中县| 五指山市| 杭州市| 思南县| 乐平市| 星子县| 霸州市| 开鲁县| 徐水县| 比如县| 汕尾市| 西安市| 什邡市| 吉木乃县| 道真| 璧山县|