Zhanjiang saw a resumption of growth in its economy in the first half of this year after the outbreak of the novel coronavirus (COVID-19) pandemic.

Trade unions in the UK suggest they will not allow the end of blast furnace steel production.

Japan's iron ore imports fell further in June, as domestic steel mills maintained output cuts under pressure from lower manufacturing sector demand because of the Covid-19 pandemic.

Chinese-Australian coal firm Yancoal expects to produce 38mn t of saleable coal in 2020.

Sections prices have fallen as low as £430-440/t delivered, according to buy-side sources, despite rises in scrap and iron ore.

US coking coal prices held mostly steady at the end of this week, with European demand muted for the third quarter.

According to Tianjin Customs, in the first half of this year, a total of 37.859 million tons of iron ore were imported at Tianjin port.

Citigroup said in a report that by the end of this year, iron ore inventory in Chinese ports may increase to 140 million tons.