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

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

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.

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.

Ferrosilicon futures 2005 contract close at 5716 on Monday February 24.

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

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.

The city has rolled out several measures like financial support for companies.