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.

Japan's auto sales fell in March for a sixth straight month.

Japan's electricity demand has slumped after a state of emergency was declared on 7 April to tackle the Covid-19 pandemic.

China's power output increased in the first half of April as many industries resumed operations.

The global steel industry is being impacted as our customers are hit by shutdowns.

The US produced 7.2 Mt of crude steel in March 2020, a decrease of 6.0% compared to March 2019.

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

In March, Ningxia's industrial power generation was 15.25 billion kwh, an increase of 10.7% year on year.