According to data released by China Iron & Steel Association (CISA), the country’s daily crude steel output averaged at 1.603 million tons in late July.

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.

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

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

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.

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.

According to data released by the China Iron & Steel Association (CISA), the crude steel production of the major steelmakers in China totaled 68.94 million tons in June, decreasing by 0.8% compared from the same time a year earlier.