Global thermal coal exports in March recorded their steepest annual decline in more than four years, with further supply adjustments likely in the near term as the market rebalances in the wake of lower prices and demand.

Lead times rose to 4-5 weeks from 3-4 weeks, with minimills still having availability in June and integrated said to be booked into July.

The 2009 ferrosilicon contract price on ZCE closed at 5930 yuan per ton on May 21.

New infrastructure will play an important role in expanding domestic demand and stabilizing investment.

China's coal industry reports steady growth in 2019.

China's coal output up 1.3 pct in Jan.-April.

It is estimated investment scale of the new infrastructure will reach about 3 trillion yuan in 2020: report.

As an important area of "new infrastructure", Industrial Internet comes in a new round of intensive deployment.