U.S. Steel announced it is laying off 200 employees, following their decision to halt production at the Michigan facility.

U.S. Steel announced it is laying off 200 employees, following their decision to halt production at the Michigan facility.

The association reported that sales of steel products in the second quarter hit 5.9 million tonnes.

GSO statisticians said the nation’s IIP ensured a stable growth of more than 9 percent recorded since the beginning of this year.

Ending June, the company’s revenue increased 10.3 percent on-year to more than 30 trillion VND, but its net profit dropped 12.8 percent to 3.86 trillion VND.

In the June quarter, earnings halved at Tata Steel, paced by its European business. Debt to annualised EBIDTA.

In the June quarter, earnings halved at Tata Steel, paced by its European business. Debt to annualised EBIDTA.

China's crude steel output came in at 492 million metric tons in H1 2019, up 9.9 percent year-on-year.