Metals majors are staring at production cutbacks following the 21-day lockdown in the wake of the Covid-19 outbreak that has sharply shrunk demand.

The COVID-19 epidemic has affected the Vietnamese economy, including the construction sector.

JSW Steel, one of the country's largest private steel companies, has decided to scale down/ suspend production at its units in the wake of the global outbreak of novel Coronavirus (COVID-19).

German conglomerate Thyssenkrupp to scrap 3,000 steel jobs.

Coronavirus: Steel ministry asks PSUs not to cut production.

China steel price average index was103.34 in Jan-Feb, down by 3.3％ YoY. China steel price index was by February, 28, down by 5.71％ YoY.

European Union leaders have told the bloc's finance ministers to draw up new measures to tackle the economic impact of COVID-19.

Data from Fuzhou human resources authority showed that around 80,000 people from Hubei province have jobs in the city, working mainly in the industries of electronics, textile and steel.