AISI announced that in the week ending on May 2, 2020, domestic raw steel production was 1,144,000 net tons.

As expected, as per media reports, the Indian automotive industry has seen its worst month ever as zero units have been sold in April 2020.

In late April, the social inventory of 5 varieties of steel in 20 cities was 16.24 million tons.

In Q1, 2020, Japan imported 96494.598 tons of ferrosilicon (>55%), down by 8.7% YoY.

Affected by the coronavirus, European steel enterprises will face a 75% reduction in new orders, according to Eurofer.

Ferronickel market weekly comment(April 26th-April 30th) The price of high grade ferronickel price went up in this week

Nickel ore market weekly comment(April 26th-April 30th): The prices of Laterite-Nickel ore was stable this week

Electrolytic nickel market weekly comment(April 26th-April 30th) LME nickel price rose up in general, the price of electrolytic nickel was not stable