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OM Holding Limited released its September 2020 Quarterly Production and Market Update recently.

"Stable, green and sustainable raw material supplies is an important pillar for Chinese steel industry to improve competitiveness."

"To address long-term market developments and the effects of coronavirus," Thyssenkrupp announced to cut 5,000 more jobs, bringing the total of its layoffs to 11,000.

American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of October totaled 1,643,000 net tons (NT)*.

The first export consignment is scheduled to leave the Chattogram port, some 242 km southeast of the capital Dhaka, on Nov. 21, the company said in a statement.