JSW Steel has decided to reduce its capex target for 2020-21 by about 45 per cent to INR 9,000 crore against its earlier plan of spending INR 16,340 crore.

hot dipped galvanized sheet and strip, down 3 percent, hot rolled sheet, down 4 percent and cold rolled sheet, down 6 percent..

US steel capability utilization rate shows a slight increase.

Consolidated output of the world's second-most geographically diversified steel producer declined by 28.5 percent to 5.52 million tons.

The bureau of industry and information technology of Zhanjiang has been promoting the construction of new-type information infrastructure like 5G, industrial internet, and data centers in recent years, boosting the city's industrial production.

Canadian Prime Minister Justin Trudeau said Wednesday that he is concerned about reports that the United States is considering reimposing tariffs on Canadian aluminum and possibly steel.

China Iron and Steel Industry Association held a video conference on the management of some iron and steel enterprises in the first half of the year.

Most agreed that the increased production is a concern and could lead to an oversupply on the market and lower prices.