Mechel PAO's Chief Executive Officer Oleg Korzhov commented on 1H2020 operational results:

China's Baowu buys stake in TISCO, making a steel giant even larger

The steel subsidiary should combine its own reform and development with the integrated development of the Yangtze River Delta.

Shanxi-based TISCO, which has an annual capacity of 12.94 million tons, is a global leader in stainless steel.

Shanxi-based TISCO, which has an annual capacity of 12.94 million tons, is a global leader in stainless steel.

Metal markets caught out by strength of Chinese stimulus

China plans to boost cobalt reserves as virus spurs supply risks

Minmetals released its interim financial results yesterday, both the company's commodity prices and sales fell in the first half of this year, and the revenue falling 14% to $1.1914 billion from a year earlier.