"Japan's construction demand has slowed after completion of Olympic infrastructure," a Japanese trader said.

The port unloaded 12,196 tons of ore per hour, beating the previous world record of 11,670 tons per hour.

Ferrosilicon futures 2005 contract closed at 5720 on Wednesday February 26.

The Shougang Tonggang Limited Company, an iron and steel company in Tonghua city, has also resumed work.

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

The city has rolled out several measures like financial support for companies.

Ferrosilicon futures 2005 contract close at 5716 on Monday February 24.

Latin America saw its production of crude steel in December fall by 12% compared to the same month of 2018.