Stronger than expected floor space starts in China in October indicates demand for steel from the property construction sector could be stronger than anticipted in early 2020.

Exports to the US fell significantly in that period, amid the 25% Section 232 tariff.

US raw steel capacity utilization declined to 80.5% last week from 81.6% the previous week.

ArcelorMittal Poland to idle Krakow blast furnace on November 23.

SMB, together with Singapore's Winning, won a tender to develop Simandou's blocks 1 and 2.

Following months of uncertainty, thousands of British Steel workers are feeling cautiously optimistic.

"Improving product quality should be a major priority, to use high standards to push forward high quality development of the industry."

A source had already confirmed that a deal was in the works earlier on Monday, amid press reports that Jingye would pay 70 million.