Ferrosilicon Daily Express 4.23

  • Thursday, April 23, 2020
  • Source:ferro-alloys.com

  • Keywords:Ferrosilicon futures spot
[Fellow]"More closures would be necessary, as demand shows little sign of recovery," said one US mining firm.

[Ferro-Alloys.comDespite at least 20mn t/yr of coking coal production capacity having been temporarily removed from the US and Canada in recent weeks in response steel mills in Europe and the Americas continuing to idle blast furnaces, more closures are expected.

Many US mining companies that have built up large inventories over the past few months will continue selling from their inventories while operations are halted.

"More closures would be necessary, as demand shows little sign of recovery," said one US mining firm.

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  • [Editor:kangmingfei]

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