The U.S. trade representative's office said that the U.S. is taking additional measures to limit the import of steel from Mexico and Brazil in the face of domestic market difficulties caused by the COVID-19 on Monday.

Electrical steel is vital for its use in the stators and rotors in the motor of an electric vehicle.

Move to spur industry consolidation and further boost supply-side reforms.

The China Tianjin Bulk Freight Index (TBI), an indicator of northern China's international bulk freight rates, stood at 830.12 points on Wednesday, up 1.71 percent compared with the previous working day.

The largest number of Mongolian coal freight trucks to enter China at once arrived in the country Wednesday, Mongolian Finance Minister Chimed Khurelbaatar said Thursday.

Xinjiang cuts over 30 bln kWh coal-fired power in new energy trade since 2016.

Thanks to the implementation of supply-side reforms, the pattern of supply and demand in the steel sector in China has improved since 2016.

Foreign trade in North China's Hebei province rose by 6.3 percent year-on-year to more than 231 billion yuan ($33.4 billion) in the first seven months, customs statistics showed.