China will continue to reduce its outdated production capacity of coal and steel this year, the country's top economic planner said Thursday.

United States Steel Corporation has provided second quarter 2020 guidance and an update on its latest liquidity requirements for the remainder of the year.

Indian Prime Minister Narendra Modi on Thursday launched the auction process of 41 coal blocks for commercial mining, through a video-conference from New Delhi, said an official statement.

State companies ink big-ticket deals with province to help revive local economy.

China's imports of both semi-finished and finished steel products surged in April.

Flat steel product shipments from EU steel service centers fell by 18.5% in January-April from the same 2019 period.

Activity in the European HRC market has remained slow this week due to ample stocks among distributors and persistently weak demand from end consumers.

About 130 employees are being recalled for the startup, Panzeri said.