Japan's biggest carmaker Toyota Motor will maintain domestic production cuts next month but expects its July car output to recover from June's low.

Steel is one of the sectors forecast to benefit the most from the agreement.

Lleading UK based structural steel group Severfield plc announced its results for the 12 month period ended 31 March 2020.

He also said the company’s biggest customers were in the construction sector, which has been less hit by the pandemic than the auto industry.

The construction of a major bridge over the Yarlung Zangbo River in southwest China's Tibet Autonomous Region completed closure on Saturday.

The company kept prices unchanged for all of its steel products in June for a second consecutive month.

It anticipates that it will take some time for crude steel production levels to return to historical levels or planned levels of 2020.

Japan’s crude steel output for the year to March 2020 was 98.43 million tonnes, down 4.3% from a year earlier.