Ferrosilicon Daily Express 2.25

  • Tuesday, February 25, 2020
  • Source:ferro-alloys.com

  • Keywords:Ferrosilicon futures spot
[Fellow]The Shougang Tonggang Limited Company, an iron and steel company in Tonghua city, has also resumed work.

[Ferro-Alloys.comNortheast China’s Jilin province is encouraging companies to resume work in batches, urging them to continue prevention and control measures against the novel coronavirus epidemic even as they move to speed up economic development, according to local reports.

The Shougang Tonggang Limited Company, an iron and steel company in Tonghua city, has also resumed work. It also stresses a return to production while preventing the virus spread.

Xin Bensong, a bus driver of the company, now goes to his post 20 minutes earlier than usual, to clean the bus, measure staff temperatures and supervise them to wear their masks.

China has made considerable progress in speeding up coal production and resumption of work to contain the novel coronavirus pneumonia, the National Energy Administration said on Sunday.

IANS, citing sources, reported that JSW Steel is likely to pay INR 19,700 crore to acquire the bankrupt Bhushan Power and Steel Ltd by March 15. JSW Steel had faced a number of challenges, apart from the usual competition in terms of bids and resolution plans, but National Company Law Appellate Tribunal has permitted JSW Steel to acquire the bankrupt company and granted it immunity from prosecution by the Enforcement Directorate this week.

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  • [Editor:kangmingfei]

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