United States Steel Corporation announced a series of aggressive and meaningful actions to provide greater certainty on the company’s response to impacts from the coronavirus COVID-19 and the sudden, significant changes in global oil and gas markets.

Through January to March, the ferrosilicon production was around 1.27 million tons.

Chongqing Iron & Steel (Group) saw an increase of 3.70% on revenue.

The unit's BF No 2 has been idle since July 2019, due to market conditions. The Tubarão complex's total capacity amounts to about 7.5 million tonne per year.

Financial Express reported that Steel Authority of India has proposed to expand its capacity to 49.6 million tonnes per annum in its Vision 2030 programme.

Ferrosilicon futures 2005 contract close at 5410 on Tuesday March 31.

The COVID-19 epidemic has affected the Vietnamese economy, including the construction sector.

JSW Steel, one of the country's largest private steel companies, has decided to scale down/ suspend production at its units in the wake of the global outbreak of novel Coronavirus (COVID-19).