"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.

Toshiba Corp. on Wednesday announced that it will stop taking new orders to build coal-fired power plants as it shifts towards greener, renewable energy.

"To reach carbon neutrality by 2050, I am calling for all countries to stop building new coal power plants and for partners to stop financing them," said the secretary-general.

China's benchmark power coal price rose slightly during the past week.

"But now there is no more black dust and pungent smell. I am surprised with the lovely days here."

First, China has made the decision because fighting climate change is the common responsibility of humankind.

The deals involve smart equipment, intelligent manufacturing projects, rolling mills, and blockchain cross-border platform, according to the country's top steel-maker.

The crude steel output from January to September hit 781.59 million tons, up 4.5 percent from a year ago.