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Russian steel maker PJSC Magnitogorsk Iron & Steel Works announced its financial results for Q3 and 9M 2020.

Worldsteel has reviewed its Short Range Outlook (SRO) for 2020 and 2021 to show a much smaller demand decline than previously expected.

China's top economic planner has approved a coal mine construction project in the city of Yulin, northwest China's Shaanxi Province.

The country is also expected to remain the world's largest primary energy consumer despite slowing demand growth.

Northwest China's Xinjiang Uygur autonomous region saw its railway freight volume top 45.8 million tons in the third quarter of 2020.

At present, China's crude stainless steel output ranks first in the world, accounting for more than half of the global market, according to the forum.

In the week ending on October 17, 2020, US domestic raw steel production was 1,535,000 net tons while the capability utilization rate was 69.4 percent.

China's car sales rose in September for a fifth straight month to their highest level this year.