Via Shanghai Metals Market:
Downstream producers of the nonferrous metal industry in China have announced to postpone their resumption after the Chinese New Year as the government extended the seven-day CNY holiday due to the novel coronavirus outbreak. Most smelters, however, continue to produce during the holiday, and logistics and warehousing enterprises keep most of their businesses running normally, a SMM survey showed.
The novel coronavirus was first identified in central Chinese city Wuhan, Hubei province as Wuhan health authorities confirmed 27 cases of pneumonia caused by the novel coronavirus in a statement on December 31, 2019.
There are 1624 words left in this subscriber-only article.