India's demand for steel contracted by 91% y-o-y in April 2020 with end user industries' like auto real estate and infrastructure that constitute 80% of demand, coming to a virtual standstill.

It also shipped abroad 180,000 tonnes of steel billets in the month, mainly to China.

Indonesia announces economic recovery programme.

The 2009 ferrosilicon contract price on ZCE closed at 5798 yuan per ton on May 18.

Inner Mongolia ferroalloy production in Jan-Apr up by 11.8% YoY.

Inner Mongolia crude steel output up by 2.4% YoY in Jan-Apr.

In April 2020, key steel enterprises produced 59.6366 million tons of crude steel.

Ferrosilicon tender notice of May, 2020 (05/15/2020).