Decline forecasted due to excessive global output and cheap scrap metal.

Most cities in the three Chinese regions with the worst air quality beat their air pollution control targets from October to March, in sharp contrast with their poor performance in the previous heating supply season.

China is expected to see its weakened demand for steel forge a strong recovery in the second quarter as the country's infrastructure investment and production resumption gains more momentum, the China Iron and Steel Association (CISA) said Wednesday.

The Vietnam Steel Association (VSA)’s member enterprises suffered a strong reduction in production and business in the first quarter of this year due to the COVID-19 pandemic.

China's imports of bulk commodities including iron ore, crude oil and coal, as well as essential agricultural products.

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[Ferro-Alloys.com] Report of Impact on Global Metallurgical Supply Chain& Ores Market by Co-Virus Epidemic Online International Conference

China is capable of navigating its economy amid the COVID-19 fallout, and opportunities for the world's largest developing economy are promising in the long run despite virus-prompted challenges, economists and market strategists have said.