"It takes just 30 minutes from clearance to shipment," said Wang Jinsong, a declarant in charge of steel export in Urumqi, the regional capital.

ferro-alloys.com:JSPL stacks 200 MT iron ore block

ferro-alloys.com:Iron ore of China increases, yet coronavirus panic tempers advances

ferro-alloys.com:Steel firms ponder yield cut in the midst of repressed interest

The global Coronavirus outbreak is likely to rein in the rally in Indian domestic steel prices.

Iron ore miner NMDC has slashed prices of lump ore and fines by Rs 50 per tonne.

Up to 50 percent of Vietnam’s logistics firms estimate they will see revenue cut in half this year compared to 2019 because of the COVID-19 pandemic.

ferro-alloys.com:Reserve exports to gush on the back of iron ore