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As the market enters the final few months of 2020, US flat-rolled steel mills sit in a much better position than they were just two months ago.

In the week ending on October 17, 2020, US domestic raw steel production was 1,535,000 net tons while the capability utilization rate was 69.4 percent.

Liberty Steel Group has submitted a non-binding indicative offer for ThyssenKrupp Steel Europe, the group said.

China's economy expanded by almost 5pc in the third quarter, continuing the country's recovery from its Covid-19 outbreak earlier this year.

The World Steel Association (worldsteel) today released an update to its Short Range Outlook (SRO) for 2020 and 2021.

The Board of Members of the World Steel Association (worldsteel) has elected the following Executive Board of Directors for the 2020/2021 period.

The decline slightly widened from the 2-percent drop in August, the NBS data showed.

According to the sources, both plants are in the U.S. state of Indiana and jointly operated with ArcelorMittal S.A.