India Ratings and Research’s in latest report said that domestic gross spreads per tonne, realisation per tonne of steel minus raw material cost per tonne of steel.

Chinese manufacturing activity strengthened in June but the leading indices provided further evidence that the country's steel market recovery will be largely domestically-driven.

Iron ore prices are expected to soften from current high levels in the July-September quarter.

Iron ore prices are expected to soften from current high levels in the July-September quarter.

The ministry said, "this decision will save dozens of early death cases caused by air pollution."

China's benchmark power coal price remained flat during the past week.

China's benchmark power coal price remained flat during the past week.

Analysts said the country should ramp up its efforts to revitalize domestic demand to sustain the improvement in industrial earnings amid mounting uncertainties.