April data pointed to an unprecedented contraction in Indian manufacturing output.

AISI announced that in the week ending on May 2, 2020, domestic raw steel production was 1,144,000 net tons.

In late April, the social inventory of 5 varieties of steel in 20 cities was 16.24 million tons.

JSW Steel Limited has reported crude steel production at 0.563 million tonnes for April 2020.

As expected, as per media reports, the Indian automotive industry has seen its worst month ever as zero units have been sold in April 2020.

In Q1, 2020, Japan imported 96494.598 tons of ferrosilicon (>55%), down by 8.7% YoY.

Affected by the coronavirus, European steel enterprises will face a 75% reduction in new orders, according to Eurofer.

Nickel ore market weekly comment(April 26th-April 30th): The prices of Laterite-Nickel ore was stable this week