German conglomerate Thyssenkrupp to scrap 3,000 steel jobs.

The COVID-19 epidemic has affected the Vietnamese economy, including the construction sector.

JSW Steel, one of the country's largest private steel companies, has decided to scale down/ suspend production at its units in the wake of the global outbreak of novel Coronavirus (COVID-19).

China steel price average index was103.34 in Jan-Feb, down by 3.3％ YoY. China steel price index was by February, 28, down by 5.71％ YoY.

European Union leaders have told the bloc's finance ministers to draw up new measures to tackle the economic impact of COVID-19.

Data from Fuzhou human resources authority showed that around 80,000 people from Hubei province have jobs in the city, working mainly in the industries of electronics, textile and steel.

Jingye Group sends aid to British plants.

I believe all these measures are necessary to optimize State-owned assets, as well as cut their heavy financial burden caused by outdated CSR obligations.