US hot-rolled coil prices remain modestly below $25 per hundredweight as mills seek to keep them from falling into loss-making territory amid a steep drop in demand.

Ferrous scrap prices in the Mexican steelmaking regions of Monterrey and Bajío were mostly unchanged week on week.

Toyota Motor Corp has decided to again postpone the reopening of its automaking plants in Brazil by two months amid plunging demand and in order to prevent the Covid-19 virus from spreading among its workers.

In the week ending on April 11, 2020, US domestic raw steel production was 1,256,000 net tons while the capability utilization rate was 56.1 percent.

American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of March totaled 2,323,000 net tons (NT).

The American Iron and Steel Institute (AISI) reported that for the month of February 2020, U.S. steel mills shipped 7,771,656 net tons.

China's steel output and inventory both fell in March, according to data from the China Iron and Steel Association.

Chinese authorities on Sunday demanded solid efforts to ensure workplace safety and resolutely curb major accidents.