China has lowered the target for coal's share in its primary energy mix as it continues to encourage the use of cleaner energy to combat air pollution.

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

The 2009 ferrosilicon contract price on ZCE closed at 5976 yuan per ton on June 24.

The European Automobile Manufacturers' Association (ACEA) is forecasting a 25pc drop in new passenger car sales in the EU this year as result of the Covid-19 pandemic.

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 148.8 million tonnes (Mt) in May 2020, an 8.7% decrease compared to May 2019.

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

Nickel price trend on June 23rd

Global crude steel production in May down 8.7% on year due to coronavirus crisis: worldsteel