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.

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

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

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

UK-Australian mining company BHP has maintained its iron ore production guidance at 276mn-286mn t in the July 2020 to June 2021 financial year.

Kevin Dempsey has taken over as interim chief executive at the steel industry's trade group, the American Iron and Steel Institute (AISI).

China Taiyuan coal transaction price index stood at 126.08 points Monday, up 0.06 percent week on week.

Electricity consumption of manufacturing industry up 4.7% YoY in June.