Mr Miyamoto said that another worry is higher prices of raw materials.

Crude steel production in Arab countries is expected to increase this year to around 29 million metric tons.

800 largest Chinese enterprises in Britain increased revenue growth by 17 percent on 2018, according to a new report.

A Chinese cargo ship carrying steel parts for construction of Croatia's Peljesac Bridge arrived at the southern port Ploce last Monday.

Protection and prevention measures in place to ensure worker safety.

The nation's pace of outbound direct investment will not be seriously disrupted by the outbreak, analysts said.

Ukraine's interagency commission on international trade has decided to impose a 50.09% anti-dumping duty on imports of steel wires and wire ropes from Russia into Ukraine for five years.

According to market sources, Italy's steelmakers have not yet made any production cuts due to the virus and steel shipments have not been impacted.