[Ferro-Alloys.com] China's apparent consumption of crude steel is expected to surpass 930 million tonnes by the end of 2019, industry information provider said.

The number is 6 percent higher compared with last year and the growth will mainly be driven by China's strong domestic demand, according to statistics.

Shares of German steel giant thyssenkrupp on Thursday plummeted by more than 14 percent after the company announced a net loss of 260 million euros (288.17 U.S. dollars) for the last fiscal year caused by "not satisfying" business performances.

Following the announcement, shares of thyssenkrupp were trading at under 12 euros last Thursday. At the beginning of 2018 when thyssenkrupp was still listed in the DAX index, the company was valuated more than twice as high.

Click here for more information: Ferrosilicon Daily Express 11.25

• [Editor:kangmingfei]