Production of silicomanganese (SiMn) in China witnessed a substantial decline in April to touch a two-year low of 732,353 tonnes, down by 132,707 tonnes or 15.3% on month, according to Mysteel's latest monthly survey among the 187 Chinese SiMn smelters it tracks.

From early to mid-May, slaughterhouses will likely focus on digesting inventory, and terminal demand is projected to remain weak based on experience, offering little prospect for price improvement. From mid-to-late May onward, as secondary fattening operations enter the market, farmers' reluctance t

Production among Chinese blast furnace (BF) steelmakers held steady during the past week, with most integrated mills keeping their furnaces running during the country's five-day May Day holiday over May 1-5, Mysteel's survey showed.