Import permit tonnage for finished steel in April was 1,317,000, down 13.0% from the final imports total of 1,514,000 in March.

The 2009 ferrosilicon contract price on ZCE closed at 5816 yuan per ton on May 11.

Private steel player Jindal Steel and Power Ltd (JSPL) has said its consolidated crude steel production remained flat at 6.5 lakh tonne (LT) during April 2020.

Iron and steel export volume hit 858 tonnes, up 17-fold, while value surged 18 times annually to 1.27 million USD.

Private steel player Jindal Steel and Power Ltd (JSPL) has said its consolidated crude steel production remained flat at 6.5 lakh tonne (LT) during April 2020.

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.

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