The 2009 ferrosilicon contract price on ZCE closed at 5744 yuan per ton on April 28.

The 2009 ferrosilicon contract price on ZCE closed at 5734 yuan per ton on April 27.

In Mid-April, the social inventories of 5 varieties of steel products in 20 cities were 17.17 million tons, down by 860 thousand tons (4.8%) from last ten days, according the latest data of CISA.

From April 12 to April 19, the daily average sales of coal in Ordos City, Inner Mongolia, China, was 1.94 million tons.

Covid-19-related shutdowns of automotive plants across North America could cost US automakers at least 900,000 vehicle sales this year, reducing steel demand, according to industry estimates.

The 2009 ferrosilicon contract price on ZCE closed at 5690 yuan per ton on April 24.

The ferrosilicon market was temporarily stable this week.

The steel industry was affected by the virus in the first quarter of 2020.