Leading steel manufacturer Hoa Phat Group sold nearly 4.14 million tonnes of steel in the first ten months of 2020.

Together with big steel producers, smaller firms also discussed difficulties for steel billet prices at the seminar.

Notably, the export volume of hot rolled steel reached over 270,000 tonnes, rising by over 330 percent from the first quarter.

The UK steel industry can expect a less severe outcome from the second lockdown planned for England from Nov. 5.

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

China's steel sector registered output expansion in September as the country's economic recovery maintains momentum, industrial data showed.

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

Italian power consumption has recovered slightly better than expected in the second half of this year, but the recent rise in Covid-19 cases could put an end to this trend.