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ferro-alloys.com:To get a boost from China, iron ore market is placing a great deal of confidence in them

US Last Week's Raw Steel Production.

Mr Michael Davenport Appointed as Executive Director of Auto Steel Partnership.

The steel industry operates steadily on the whole in 2019, according to Ministry of Industry and Information Technology (MIIT).

Chinese company Jingye Group announced on Monday that it has taken over British Steel in a rescue bid, securing the immediate future of the Scunthorpe steelworks and promising a sustainable chapter for the industry.

Chinese steelmaker Jingye Group has completed the buyout of British Steel, helping secure 3,200 jobs and saving the British company from liquidation.

Southwest China's Yunnan Province will cap the number of its coal mines at 200 to avoid coal mine accidents and ensure the safety of people and property, according to a press conference held by the information office of the provincial government Monday.

Vietnamese steelmakers were in need of State support to minimise the damage caused by the outbreak of the novel coronavirus disease (COVID-19), which could well reach a pandemic as dozens of countries reported new infections, said industry leaders and experts.