Domestic prices for heavy steel place in Europe have been fairly stable over the week, but some mills have started to increase offers due to higher production costs, sources told Fastmarkets on Wednesday June 17.

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.

Iron ore futures open higher.

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.

US coking coal mining firms were put in a position of running up high inventories at the start of the third quarter.