China's quick recovery from the Covid-19 outbreak has steadied iron ore prices this year, but global steel production cuts could divert 4mn-5mn t/month of iron ore to China and start to weigh on its spot markets, especially for pellet.

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.

Japan's electricity demand has slumped after a state of emergency was declared on 7 April to tackle the Covid-19 pandemic.

Japan's auto sales fell in March for a sixth straight month.

Australia's coal industry is reviewing plans for expansion and sustaining capital expenditure as they attempt to conserve cash amid fears that coal prices will return to a long period of historical lows below those seen in 2015-16.

China's CRC prices slump 19% to date in 2020 on weak appliance, auto sectors

ArcelorMittal intends to halt BF2 at Fos-sur-Mer steel mill

The global steel industry is being impacted as our customers are hit by shutdowns.