JSW Steel Limited has reported crude steel production at 0.563 million tonnes for April 2020.

April data pointed to an unprecedented contraction in Indian manufacturing output.

As expected, as per media reports, the Indian automotive industry has seen its worst month ever as zero units have been sold in April 2020.

AISI announced that in the week ending on May 2, 2020, domestic raw steel production was 1,144,000 net tons.

Affected by the coronavirus, European steel enterprises will face a 75% reduction in new orders, according to Eurofer.

Decline forecasted due to excessive global output and cheap scrap metal.

China Baowu to build steel convention and exposition center.

Economists expect China to emphasize poverty fight, jobs and survival of companies.