According to statistics, the iron ore exported from the Australian Port Hedland totaled 35 million tons in July, dropping by 8.6% from the previous month and down by 2% from the same month a year ago.

Russia exported some 9.76 million tons of iron ore during the first five months, decreasing by 9.1% year on year.

According to Turkish Steel Exporters’ Union (CIB), Turkey’s steel exports decreased by 10.3% year on year to 9.5 million tons during the first seven months.

The Shaanxi provincial government has called for companies to reduce overcapacity by the endof this year.

It is reported that the Australian Anti-Dumping Commission (ADC) has announced that the anti-dumping investigation against galvanized steel from Vietnam was terminated.

Japan imported 10.47 million tons of iron ore in June, a decrease of 2.7% compared to the same month of last year, according to statistics released by Japan’s Ministry of Finance.

Recently, the POSCO Chairman and Chief Executive Officer Quan Wujun (Kwon Oh Joon) said that its India Orissa steel project no progress was made, therefore, will be temporarily stopped.

Tokyo Steel, one of the major H beam manufacturers in Japan, has announced its combined sales revenue during April to June was ￥37.41 billion, reducing by 15.6% year on year.