According to the Wuhan Shipping Exchange, the ships overstocking in some ports continued this week.

"[Rail operator] Transnet Freight Rail (TFR) is cancelling many trains," said one supplier.

Under the action of many factors, the short-term rebar price is easy to fall but difficult to rise.

In 2020, China's steel bar output was 266.391 million tons.

The tungsten market runs smoothly;

The molybdenum market rise slightly;

The vanadium market appears cold slightly;

China imported 3.57mn t of coking coal last month, down by 4pc from 3.72mn t in November but up by 110pc from December 2019.