Chinese covid peak passed, iron ore in short supply, run on HRC? - Stainless Espresso11 January 2023 – As the Covid peak in China is passed, the markets are also picking up. This can be seen, among other things, in the demand for iron ore and the scarce availability. At the same time, several countries are reporting emptying stocks at distributors and an emerging run on HRC in Europe – which may not be able to be served. Source