China's steel industry, which has been facing a rough time due to rising inventories and falling product prices due to the novel coronavirus outbreak, is expected to recover rapidly during the second quarter of this year, experts said.

Ever since the outbreak, Baosteel has been trying to strike a balance between epidemic prevention and stable production.

Ferrosilicon futures 2005 contract close at 5716 on Tuesday February 25.

LME nickel market on February 24th

Two 42000kVA NPI arc furnace ignited in Weda Bay Project

The bidding price of high grade ferronickel fell down.

Indonesian Dexin Steel ignited its blast furnace

Nickel price trend on February 24th