Xia Nong, an official at the National Development and Reform Commission, said while churning crude steel output, top priority must be given to stabilizing industry development and seeking steady growth.

China will come up related legislation to improve supervision over derivative trading, said Zang Tiewei, spokesperson of the National People's Congress Standing Committee's Legislative Affairs Commission.

Customs data shows that the main imported commodities were organic chemicals and coal, and exported goods were mainly refined oil.

Vale first-quarter net profit falls 19.6%, but beats expectations

Fortescue flags higher costs at Iron Bridge

As miners come under pressure from shareholders and lenders to make their operations more sustainable, can Africa’s extractive industry be reformed?

Anglo American’s spinoff, Thungela Resources, has emerged as the world’s best-performing major coal stock. It’s also one of the most profitable bets by a group of fund managers who’ve promised to reduce their financed greenhouse-gas emissions.

Russia, the world's third-largest coal supplier, dominates sales to Europe, but the Russian ban has disrupted supplies to the continent.