JSW Steel Crude Steel Production in 2019-20 Declines by 4%.

US hot-rolled coil index plunges on fears of long-term Covid-19 demand destruction.

Import prices for steel slab in Southeast Asia and East Asia tumbled further over the past week with the Covid-19 pandemic continuing to sap demand in the region.

GULF FLAT STEEL IMPORTS: Prices stable, demand very weak.

EUROPE HRC: Import offers slide further, adding pressure on domestic prices.

Despite the severe hit seen by the COVID-19 outbreak, the Chinese steel sector is showing signs of recovery in the second quarter, industry experts said, prompted by rising demand from the orderly resumption of production and business across the country.

Tata Steel has cut down production across all its major operations in Inda and Europe amid the COVID -19 outbreak.

Brazilian flat steel producer Usiminas has decided to shut down two blast furnaces at its Ipatinga unit and halt its Cubatão steelmaking facility in order to adjust its production to lower demand resulting from the outbreak of Covid-19, the company said on Thu...