Discover and read the best of Twitter Threads about #Dalian

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US HRC #steel forward curve has been correcting for about a month, but near term prices (highlighted in white) showing more resilience than further out.

Got to keep in mind that with tariffs still in place there's a floor price here...possible it has four digits.
Not sure if an analogous dynamic could play out in prime #scrap too...busheling forward curve 1st contract flattening but out months continue to decline.
Coking #coal beginning to inflect lower, not terribly dissimilar to the trend we saw in #steel two tweets ago.
Read 4 tweets
#China's most active manganese-silicon futures contract and ferrosilicon futures contract in Zhengzhou open 8% higher and hit the limit-up.
#Ferro #silicon
Iron ore futures in Dalian drop 3%, still on the downtrend.
Rubber and asphalt also drop 2.7%.
Live hogs down 4.5%.
#Iron #ironore #steel
Coke and coking #coal futures in Dalian DCE extend gain to 4%, thermal coal in CZCE gains 6.13%.
The coal shortage problem in China is yet to be solved.

#Tin futures in Shanghai up 3%.
Read 9 tweets
#China #Dalian #Liaoning #Coronavirus

The port city of Dalian in Chinas north east will tighten coronavirus restrictions. The city callled for sunday a "Wartime mode". The lockal outbreak brought 19 confirmed cases and 20 silent carriers between December 15 and 24.
Wit 7 new infections, of wich one is assyntomatic, reported on thursday. All new infected life in the Jinpu district of the city. All residents of Jinpu district and 5 other bigger districts are ordered to make a swab tests at tve nearest test center until 12PM today.
The testing however begun already yesterday. Sveral medical institutions reduced there usual medical service due to possible new infections. A total of 129 flights had also been suspended since 9:50AM local.
Read 5 tweets
Boarded flight today from #NewYork to #Beijing via #Incheon, here's a thread about my experience so far (in context of the #Covid19 #outbreak and measures that #countries, #airlines and #airports are taking for it).
Was surprised that there were no temperature checks or any other #Covid19-related tests for outbound passengers at @JFKairport (drastic contrast with airports in #Asia that have been checking temperature of every OUTBOUND passenger since ~2 months now).
One would expect a country like #USA to take its leadership role in the world more seriously. Shocked to see this lack of responsibility towards what is now a GLOBAL threat. (Also, no hand sanitizers at checkin counters like #Phuket airport had >1 month ago)
Read 27 tweets

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