Tender notice of March is coming and we hope that new round of tender would boost the market confidence.

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 154.4 million tonnes (Mt) in January 2020, a 2.1% increase compared to January 2019.

Ferrosilicon futures 2005 contract close at 5720 on Thursday February 27.

"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.