Import prices for flat-rolled steel into South America were steady to slightly higher during the past week.

The average capacity utilisation was clocked at 38% for April 2020, the company said in a statement.

Automotive production in Brazil plunged in April due to massive shutdowns stemming from the Covid-19 pandemic.

Japan's manufacturing sector is beginning a slow return to normal after Tokyo today eased Covid-19 restrictions in parts of the country.

Tehran has imposed new limits on exports of Iranian steel, requiring exporters to secure export permission from the ministry of industry, mine and trade.

The European automotive sector has proposed a plan to help restart the crippled industry after Covid-19 lockdown restrictions are eased.

Angang Steel Co., Ltd.: in 2019, its operating revenue was 105.587 billion yuan (about 14.9 billion US dollars).

According to the 2019 annual report of HBIS Group, in 2019, its operating revenue reached 121.5 billion yuan (about $17.2 billion).