Russian steel maker PJSC Magnitogorsk Iron & Steel Works announced its financial results for Q3 and 9M 2020.

NLMK Group announced that in Q3 2020 its revenue increased by 3% QoQ to USD 2.2 billion & EBITDA totalled USD 579 million down 1% QoQ.

Worldsteel has reviewed its Short Range Outlook (SRO) for 2020 and 2021 to show a much smaller demand decline than previously expected.

The country is also expected to remain the world's largest primary energy consumer despite slowing demand growth.

China's top economic planner has approved a coal mine construction project in the city of Yulin, northwest China's Shaanxi Province.

Northwest China's Xinjiang Uygur autonomous region saw its railway freight volume top 45.8 million tons in the third quarter of 2020.

At present, China's crude stainless steel output ranks first in the world, accounting for more than half of the global market, according to the forum.

China's car sales rose in September for a fifth straight month to their highest level this year.