Some investors were particularly thrilled at the early signs of a recovery in iron ore and steel demand with possibly more to come down the track, should China announce a significant stimulus package. Photo: Xinhua

Coronavirus: China’s steel sector steadies, as investors hope for post-pandemic stimulus boom

  • Iron ore prices have not fallen in the way oil prices have in 2020, with many in the industry hoping for a construction boom in China
  • Beijing has yet to unleash major fiscal stimulus post-coronavirus, but there are signs that the steel industry is stabilising
Topic |   Coronavirus pandemic
Some investors were particularly thrilled at the early signs of a recovery in iron ore and steel demand with possibly more to come down the track, should China announce a significant stimulus package. Photo: Xinhua
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