China’s increased appetite for iron ore has become a problem for neighbor India.

Hot rolled coil prices in Western Europe have not slowed their upward trek over the past month. Demand continues to outstrip supply for the flat-rolled product, industry watchers said June 1.

New Manganese Targets in Bryah Basin

Iron ore shines in Australia's 2019-20 mining profits

Economy recovers as investment and exports remain strong, experts say.

"It has also edged higher than 2019 levels, except for some summer months."

At industry event in Shanghai, ministry officials, experts say net-zero goals key.

The supply-demand mismatch, or the faster recovery of demand over supply, is to blame for a rise in semiconductor chip and housing prices.