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World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 152.7 million tonnes (Mt) in July 2020.

China's exports of ferrosilicon (>55%) down 47.89% YoY.

China's exports of ferrosilicon (≤55%) down 35.3% YoY in July.

China's exports of ferrosilicon (≤55%) down 27% YoY in Jan-Jul.

Mechel PAO's Chief Executive Officer Oleg Korzhov commented on 1H2020 operational results.

The steel subsidiary should combine its own reform and development with the integrated development of the Yangtze River Delta and strive to develop itself amid the process.

"As Bratsk Ferroalloy Plant launched its upgraded ore thermal furnace #3, the plant increased output and sales of ferrosilicon (+46% quarter-on-quarter)."

The 2010 ferrosilicon contract price on ZCE closed at 5688 yuan per ton on August 25.