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China's steel sector slowed down in February as market demand weakened amid the outbreak of the novel coronavirus, a report from the China Federation of Logistics and Purchasing (CFLP) showed.

China's coal-rich province of Shanxi has seen more than 500 coal mines resume production in February, which ensured energy supply amid the outbreak of novel coronavirus.

The novel coronavirus epidemic will boost the expansion of the 5G network in the country, as the central authorities recently called for accelerated construction of the 5G network.

State-owned SAIL has supplied special grade steel plates produced at its Bhilai unit for the country's first human space mission programme -- Gaganyaan, a company official has said.

The deal should complete on Monday.

China has resumed 83.4 percent of its coal production capacity amid the fight against the novel coronavirus outbreak, the National Energy Administration (NEA) said Wednesday.

Swiss commodity trading group IMR Metallurgical Resources has proposed to set up a major steel plant in YSR Kadapa district in Andhra Pradesh by investing more than INR 12,000 crore.

ArcelorMittal in its Annual Report for 2019 said that “The Resolution Plan also includes a capital expenditure plan of INR 18.697 crore to be implemented in two stages over six years.