In April, China's steel manufacturers resumed work, but logistics are still restricted. The daily production of crude steel was expected to grow to approximately 3 million tons.

In terms of demands, due to the Covid-19 epidemic and restrictions on logistics, China's demand for steel is still under pressure.

Because of resuming work and international trends, prices of iron ore and coke in April were maintained at a high level. Many uncertain factors will make China's domestic steel markets fluctuate in May, and the prices were expected to fall and then rise.