Posted by Tobby > 2022-06-02 21:23 | Report Abuse

It's fair to say steele price has bottom out! So it's only going up from now on!
Well, except if China or Chairman Xi adamant with his dumbass zero Covid policy! Look, Covid today is the mild version Omicron! Most who got Omicron don't even realise it at all!
It's much milder that flu or fever! So why the heck stop people from developing natural immunity!
I hope Chairman Xi wakes up from his slumber! Or he won't get his another term!
Premier Li was actually the real driver of China economic rise! If not for Premier Li, i think China would have closed it's curtain long time ago! So i hope politburo will make the right decision come September or November! I mean, China needs friends too! Been dictator like Putin or Xi has no place in current geopolitics! Premier Li would be much better choice! But then again, who am i to say!
Anyway, the price of steele yet to move because of fear! Fear that major cities in China will go into another useless lockdown again!
Give few weeks, maybe price of steel again turn north!