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Oversupply concerns weigh heavily on the steel sector in China as some 80 million metric tons of fresh capacity will hit the market this year amid dwindling demand due to the COVID-19 epidemic, an industry expert said.

In addition, the Philippines needed to use the most updated import date when analysing and assessing the injuries caused by the imports on its domestic industry.

China Iron and Steel Industry Association held a video conference on the management of some iron and steel enterprises in the first half of the year.

From the perspective of demand, in June, the Southern region ushered in the rainy season, with rainstorms and floods in many places.

Vale's decision to suspend iron ore mining at its Itabira complex in Brazil will have little effect on the Chinese and global iron ore market despite the marginal effect on the Brazilian market, analysts said.

A railway in Inner Mongolia and a skyscraper in Africa are two of the major projects recently completed by private companies from Guangdong province.

The world's deepest underground 5G network has been opened and optimized at Yangquan Coal Industry (Group) Co in China, Shenzhen Economic Daily reported on Wednesday.

Superfast signal to enable faster data transmission and remote monitoring.