“The rebound of the Brazilian economy is already happening,” Usiminas chief executive officer Sergio Leite said at the event to celebrate the BF restart.

Steel prices rose slightly from August 31 to September 6.

UK car sales drop in August after July rebound.

Global steel production also registered a fall during the month under review, the data showed.

The launch of FerroHaat underlines Tata Steel’s commitment to foster trust, transparency and ease of doing business in the scrap industry, an official statement said.

According to the data of Turkish Steel Manufacturers Association, Turkey’s crude steel output reached 3.1 million tons in July,2020, an increase of 7.5% year-on-year.

According to the Nigeria Attack reported in 1st Sep, Nigeria spends about $3.3 billion a year on steel imports, Nippon Minerals and Steel Development Minister Olamulcan Adibate said on Monday Aug.31.

Baosteel expects China's vehicle production to drop 6% year on year to 24.2 million units in 2020, improving from a 11.8% year-on-year drop in January-July.