Tehran has imposed new limits on exports of Iranian steel, requiring exporters to secure export permission from the ministry of industry, mine and trade.

The European automotive sector has proposed a plan to help restart the crippled industry after Covid-19 lockdown restrictions are eased.

Japan's manufacturing sector is beginning a slow return to normal after Tokyo today eased Covid-19 restrictions in parts of the country.

Baosteel Co., Ltd.: in 2019, its operating revenue reached 291.594 billion yuan (about US $41.2 billion).

According to the 2019 annual report of HBIS Group, in 2019, its operating revenue reached 121.5 billion yuan (about $17.2 billion).

Angang Steel Co., Ltd.: in 2019, its operating revenue was 105.587 billion yuan (about 14.9 billion US dollars).

AISI announced that in the week ending on May 2, 2020, domestic raw steel production was 1,144,000 net tons.

April data pointed to an unprecedented contraction in Indian manufacturing output.