File photo: On July 7, 2016, a red-hot steel plate passes through a press at the ArcelorMittal steel plant in Ghent, Belgium. (Reuters) – The world’s largest steelmaker, ArcelorMittal SA The company is seeking a merger deal with Cleveland-Cliffs Inc., the largest manufacturer of iron ore pellets, people familiar with …
Read More »China’s factory auction will drop in July as recovery gains momentum
BEIJING (Reuters) – China’s factory auction loses in July, driven by rising global oil prices and as industrial activity climbed back to pre-coronavirus levels, adding to signs of recovery in the world’s second largest economy . PHILO PHOTO: A worker is seen at a hot rolling production line at the …
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