"There might be restocking demand before and after the event and also the Labor Day holiday which would be positive for rebar prices," said Lu.
The miner said shipments of Australian coking coal to Asian steel mills will be affected in the current quarter after a cyclone swept across eastern Australia in late March.
Aurizon Holdings said it had restarted its main Goonyella coal haulage line on a limited basis after Cyclone Debbie brought the line to a halt.
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