Ferrosilicon futures 2005 contract close at 5416 on Wednesday April 1.

The Ministry of Industry and Trade (MoIT) has extended the application of measures to prevent evasion of safeguard duties against imported rolled steel and steel wire until March 21, 2023, according to the ministry’s Trade Remedies Authority of Vietnam.

Ferrosilicon futures 2005 contract close at 5410 on Tuesday March 31.

The COVID-19 epidemic has affected the Vietnamese economy, including the construction sector.

Coronavirus: Steel ministry asks PSUs not to cut production.

German conglomerate Thyssenkrupp to scrap 3,000 steel jobs.

Metals majors are staring at production cutbacks following the 21-day lockdown in the wake of the Covid-19 outbreak that has sharply shrunk demand.

JSW Steel, one of the country's largest private steel companies, has decided to scale down/ suspend production at its units in the wake of the global outbreak of novel Coronavirus (COVID-19).