Tata Steel Europe's chief executive Mr Henrik Adam has told staff job losses across Europe would number 1,250 rather than the 3,000 that had been expected.

Mr Michael Davenport Appointed as Executive Director of Auto Steel Partnership.

US Last Week's Raw Steel Production.

Chinese steelmaker Jingye Group has completed the buyout of British Steel, helping secure 3,200 jobs and saving the British company from liquidation.

The steel industry operates steadily on the whole in 2019, according to Ministry of Industry and Information Technology (MIIT).

Chinese company Jingye Group announced on Monday that it has taken over British Steel in a rescue bid, securing the immediate future of the Scunthorpe steelworks and promising a sustainable chapter for the industry.

Chinese steelmaker Jingye Group on Monday completed the acquisition of British Steel's business and assets in Britain and the Netherlands, said the Chinese steelmaker in a statement.

Vietnamese steelmakers were in need of State support to minimise the damage caused by the outbreak of the novel coronavirus disease (COVID-19), which could well reach a pandemic as dozens of countries reported new infections, said industry leaders and experts.