China Taiyuan coal transaction price index stood at 124.93 points Monday, down 0.4 percent week on week.

China's benchmark power coal price remained flat during the past week.

In early May, the social inventory of 5 varieties of steel in 20 cities was 14.98 million tons, down 1270 thousand tons (7.8%) from last ten days, and up 8160 thousand tons (119.7%) vs. the begining of 2020.

"Coal and iron ore used to be piled up on the dock without cover, and sewage flowed everywhere after it rained. Coming back from the dock, I would throw my shoes away," said Nie Zhiqiang, who has lived near the port for about half a century.

Vigorously promoting a greener economy, Shanxi, the coal-rich province, cut 27.45 million tonnes of coal production capacity and saw a GDP growth higher than the country's average level in 2019.

In early May, the social inventory of 5 varieties of steel in 20 cities was 14.98 million tons.

The 2009 ferrosilicon contract price on ZCE closed at 5774 yuan per ton on May 14.

The American Iron and Steel Institute (AISI) reported that for the month of March 2020, U.S. steel mills shipped 7,802,192 net tons.