Three local companies – Shagang Group, Jiangsu Yonggang Group Co, and Jiangsu Aoyang Health Industry Co – were also designated as pilot companies for the promotion of industrial integration.
Iranian media IRNA reported that Iran has defined 16 development projects in the steel sector which are aimed to boost the country’s output of steel products by 19 million tonnes in a course of five years.
Dutch newpaper Telegraaf reported that despite announced layoffs, employment at Tata Steel Nederland in IJmuiden will be guaranteed until October 2021.