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

The ferrosilicon market was temporarily stable this week.

[Ferro-Alloys.com] Ferndale Mayor Greg Hansen took “a nice, long walk in the rain’’ to compose himself Wednesday before agreeing to speak about the announced closure of the nearby Alcoa aluminum smelter — it’s a huge blow to a community already reeling.

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

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.

Continued supply tightness of ferrous scrap and higher overseas demand for Turkish rebar has limited the immediate-term downside for Turkish imported scrap prices despite a fall in local rebar demand in Turkey this week.

The seaborne thermal coal market is oversupplied by around 40mn t and a demand-supply imbalance could persist for much of this year as the Covid-19 pandemic dents economic activity.