"To address long-term market developments and the effects of coronavirus," Thyssenkrupp announced to cut 5,000 more jobs, bringing the total of its layoffs to 11,000.

Update makes reining in number of days with bad conditions top priority.

First, China has made the decision because fighting climate change is the common responsibility of humankind.

A sci-fi-themed amusement park is also expected to be set up in the Shougang Industrial Park by the end of 2021.

"But now there is no more black dust and pungent smell. I am surprised with the lovely days here."

The crude steel output from January to September hit 781.59 million tons, up 4.5 percent from a year ago.

The deals involve smart equipment, intelligent manufacturing projects, rolling mills, and blockchain cross-border platform, according to the country's top steel-maker.

On November 6, POSCO and Tata Steel sign an agreement for business and technical cooperation of Hyperloop, an eco-friendly transportation.