In the week ending on August 10, 2019, US domestic raw steel production was 1,867,000 net tons.

U.S. Steel’s Q2 earnings are scheduled to be released Thursday. Although the stock fell to its 52-week low in May.

China's ferrosilicon(>55%) exports declined about 48.7 percent year-on-year to 26240.282 tons in June.

China's ferrosilicon(>55%) exports declined about 28 percent year-on-year to 218202.51 tons in the first half of 2019.

China's ferrosilicon(≤55%) exports declined about 58.28 percent year-on-year to 2250.6 tons in June

China's ferrosilicon(≤55%) export volume were 16839.111 tons, were almost flat with last year(16834.497 tons).

C1 costs of US$12.78 per wmt, five per cent lower than the March quarter (US$13.51/wmt).

However, uncertainty over the trade environment and volatility in the financial markets continue and could pose downside risks to this forecast. At the time of writing this, nothing has changed.