Typically the Chinese steel prices were on the lookout for that elusive spark to ignite dwindling sentiments. The agony of 1 month since Lunar Holidays has been washed off in the gung ho of Japanese Tsunami. The undoing of one has turned into a fortuitous proposition for other.

The sparkling performance in the last three days is reminiscent of volatility so typical of dragon land in the post recessionary phase. Demand remaining lukewarm it has been the unexpected hand of god which has been the savior more often than not.