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.

Iron ore futures open higher.

China steel futures open lower.

China steel futures close lower.

Iron ore 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.

Japan's Tokyo Steel announced its sixth increase for ferrous scrap prices this month, effective on 13 June, as its previous rises failed to boost scrap flow to some mills.