ferro-alloys.com:Iron ore of China smashes 1-1/2-month high on supply distresses

ferro-alloys.com:Stainless steel imports of Turkey decrease however exports increases

China has full confidence to guarantee the energy supply and ensure that work resumes smoothly, the country's top economic regulator said on Sunday.

PTI reported that Kolkata based SAI Group is planning to invest INR 1,000 crore over the next 3-5 years in West Bengal for its steel business.

China has made considerable progress in speeding up coal production and resumption of work to contain the novel coronavirus pneumonia.

The Shougang Tonggang Limited Company, an iron and steel company in Tonghua city, has also resumed work.

IANS, citing sources, reported that JSW Steel is likely to pay INR 19,700 crore to acquire the bankrupt Bhushan Power and Steel Ltd by March 15.

Authorities in Fuzhou, capital of East China's Fujian province, are stepping up efforts to help businesses resume production after the prolonged shutdown for the Lunar New Year holiday.