EUROPE HRC: Import offers slide further, adding pressure on domestic prices.

Import prices for steel slab in Southeast Asia and East Asia tumbled further over the past week with the Covid-19 pandemic continuing to sap demand in the region.

Despite the severe hit seen by the COVID-19 outbreak, the Chinese steel sector is showing signs of recovery in the second quarter, industry experts said, prompted by rising demand from the orderly resumption of production and business across the country.

China’s energy system has successfully withstood the test posed by the novel coronavirus pneumonia epidemic, but some problems also loomed up with the following features.

China's resumption of production has been accelerating with the jump of highway freight nationwide.

China Taiyuan coal transaction price index stood at 131.11 points Monday, down 0.8 percent week on week.

China's resumption of production has been accelerating with the jump of highway freight nationwide.

Steel Authority of India (SAIL) Bhilai Steel Plant recorded a 42% growth in production of prime 260 metre long rail panels in 2019-20 over 2018-19. During the same period, the plant also posted a 30% growth in overall production of prime rails.