Both environmental protection and project profits were concerns for the company which is located in Shanxi, a coal-rich province of China.

GM to ramp up US, Canadian auto assembly plants June 1: company.

Russian plan for exchange scrap metal trading halted by coronavirus.

China's two leading manufacturing purchasing managers' indices, or PMIs, were both in growth territory in May.

The composite index for coastal bulk freight edged down 1.6 percent week on week to 1,055.6, the SSE said.

The European Union has transitioned its hot-rolled coil quota to a country-by-country and quarterly basis.

A widening gap between export and domestic prices fuelled the increases.

US gross domestic product (GDP) will not reach its pre-pandemic levels until well into 2022 following a sharp contraction this year, economists with major US banks said.