The European Commission has published the result of its second investigation reviewing the safeguard measures put in place by the European Union on imports of steel products.

Miner BHP and China Baowu Steel Group, the world's largest steel producer, have completed a first iron ore trade on MineHub.

China's steel sector purchasing managers' index (PMI) decreased by 1.6 points from May to 49.3 in June.

The profit growth of Chinese industrial firms was positive for the first time this year as economic order further normalized from the COVID-19 epidemic in May, the National Bureau of Statistics said on Sunday.

Spot prices for flat-rolled steel in the US fell again this week as mills struggled to book new spot orders.

ArcelorMittal today announced a €440/t ex-works base price for hot-rolled coil (HRC) in the northwest European market, buyers told Argus.

Japanese auto manufacturer Mazda is planning to restart two-shift production at all of its four domestic assembly plants in July to gradually restore output from Covid-19 lows.

Steelmakers are still expected to purchase another 50,000-100,000t of July-shipment deep-sea scrap, but almost all of their requirements have been met.