Roskill Weekly Review - just arrived in my mailbox.16 Mar 2020 16:06
Macroeconomics: Chinese metals and mining activity showing a rapid recovery from Covid-19 disruption
The number of new coronavirus cases outside of China has been escalating rapidly in recent days – reported cases around the world are at the 6,000-7,000 a day mark – but new case numbers in China have fallen to under ten a day. Metals production in China is resuming rapidly. White-fused alumina producers in Shandong province are reported to be back to normal levels with no restrictions on material shipments and over 80% of Chinese steel mills are back in operation.