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 global steel industry is being impacted as our customers are hit by shutdowns.

The US produced 7.2 Mt of crude steel in March 2020, a decrease of 6.0% compared to March 2019.

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.

Five major US steel industry groups strongly urged Congress to include significant infrastructure investment in the next phase of COVID-19 stimulus legislation to provide a clear path toward its nation’s recovery.

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.