According to data of Ministry of Commerce, in the week ending May 17, 2020, steel prices rose slightly.

The 2009 ferrosilicon contract price on ZCE closed at 5860 yuan per ton on May 19.

From January to April, the power generation of Ordos city was 36.07 billion kwh, an increase of 340 million kwh, or 1%.

In April, China imported 30.95 million tonnes of coal, a year-on-year increase of 22.3 percent. It indicated that imported coal still plays a strong role as a replacement.

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

At present, the overall inventory of ferrosilicon is low, and the spot is tightening.

The 2009 ferrosilicon contract price on ZCE closed at 5846 yuan per ton on May 15.

In early May, the social inventory of 5 varieties of steel in 20 cities was 14.98 million tons, down 1270 thousand tons (7.8%) from last ten days, and up 8160 thousand tons (119.7%) vs. the begining of 2020.