China is capable of navigating its economy amid the COVID-19 fallout, and opportunities for the world's largest developing economy are promising in the long run despite virus-prompted challenges, economists and market strategists have said.

The 2009 ferrosilicon contract price on ZCE closed at 5590 yuan per ton on April 10.

Ferrosilicon tender moved slowly. HBIS released its tender volume of April, which was 1065 tons, a decrease of 1208 tons vs. March.

US imports of ferrous scrap and metallics rose in February 2020 as increased scrap and pig iron volumes outweighed reduced HBI/DRI tonnage.

Ferrosilicon tender notice of April, 2020 (04/09/2020).

The 2009 ferrosilicon contract price on ZCE closed at 5572 yuan per ton on April 9.

Flat steel import prices in the United Arab Emirates and Saudi Arabia were stable this week after the sharp fall last week.

The 2009 ferrosilicon contract price on ZCE closed at 5650 yuan per ton on April 8.