Hoa Phat Group, the largest steel maker in Vietnam, exported over 20,000 tonnes of construction steel in April, up 17 percent year-on-year.

YDD started cold commissioning three furnaces at its new Karaganda ferro-silicon operation in Kazakhstan at the end of 2018.

The ferrosilicon market has been running smoothly, with little change in price before the holiday.

China's benchmark power coal price dropped slightly during the past week.

Concerns about Brazilian iron ore supply resurfaced among market participants this past week.

Automotive production in Brazil plunged in April due to massive shutdowns stemming from the Covid-19 pandemic.

"Moreover, we intend to export 5,000-8,000 tonnes of ferro-silicon this year to North America."

The average capacity utilisation was clocked at 38% for April 2020, the company said in a statement.