LIBERTY Steel has restarted the first phase of production at Adhunik Metaliks Ltd and Zion Steel.

NLMK Group announced that in Q3 2020 its revenue increased by 3% QoQ to USD 2.2 billion & EBITDA totalled USD 579 million down 1% QoQ.

Russian steel maker PJSC Magnitogorsk Iron & Steel Works announced its financial results for Q3 and 9M 2020.

Worldsteel has reviewed its Short Range Outlook (SRO) for 2020 and 2021 to show a much smaller demand decline than previously expected.

At present, China's crude stainless steel output ranks first in the world, accounting for more than half of the global market, according to the forum.

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.

China's car sales rose in September for a fifth straight month to their highest level this year.