About 130 employees are being recalled for the startup, Panzeri said.

China's imports of both semi-finished and finished steel products surged in April.

Flat steel product shipments from EU steel service centers fell by 18.5% in January-April from the same 2019 period.

More than 50,000 5G base stations are expected to be built in Hubei province this year, covering all urban areas of Wuhan, the capital city of the province, Changjiang Times reported.

China steel futures open lower.

China steel futures close lower.

From the perspective of demand, in June, the Southern region ushered in the rainy season, with rainstorms and floods in many places.

The UK economy suffered its biggest monthly contraction on record in April, with the country's GDP shrinking by a fifth during the first full month of its Covid-19 lockdown.