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Ferrosilicon futures report (06/23/2020)

The 2009 ferrosilicon contract price on ZCE closed at 5954 yuan per ton on June 23.

Tuesday, June 23, 2020

AISI: Last week US capability utilization rate was 54.6 percent

In the week ending on June 20, 2020, domestic raw steel production was 1,224,000 net tons while the capability utilization rate was 54.6 percent.

Tuesday, June 23, 2020

Toyota expects recovery in July domestic car output

Japan's biggest carmaker Toyota Motor will maintain domestic production cuts next month but expects its July car output to recover from June's low.

Tuesday, June 23, 2020

RBCT rail line partially reopens

One rail line was re-opened at 03:00 local time this morning but there is no firm restart date planned for the second line, a spokesman for TFR said.

Tuesday, June 23, 2020

EVFTA: Vietnamese steel companies seek export opportunities

Steel is one of the sectors forecast to benefit the most from the agreement.

Tuesday, June 23, 2020

worldsteel: May 2020 crude steel production

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 148.8 million tonnes (Mt) in May 2020, an 8.7% decrease compared to May 2019.

Tuesday, June 23, 2020

Squeeze on manganese not a COVID-19 thing, it’s just the nature of the market

[Ferro-Alloys.com] THE ebb and flow in the price of manganese recently, which is important in the manufacture of steel to which it gives hardening properties, has been blamed on COVID-19. But this may be a mistake, according to analysts at Morgan Stanley in a ...

Tuesday, June 23, 2020

Glencore-Marafe Chrome Venture in South Africa makes layoffs

[[Ferro-Alloys.com] The Glencore-Merafe Chrome Venture in South Africa has started employee consultations on possible job cuts due to the weak economic environment as a result of the Covid-19 pandemic.

Tuesday, June 23, 2020
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