Key finished steel products with a significant increase in imports in May compared to April are oil country goods (up 71%).

Thermal coal options started trading on the Zhengzhou Commodity Exchange (ZCE) in central China's Henan province Tuesday.

The supply and demand dynamics in China's steel market look set to remain in balance over the second half of 2020 as its steel capacity expansion has slowed.

From January to May 2020, Xinjiang's raw coal output was 105.324 million tons, a year-on-year increase of 15.9%.

Analysts said the country should ramp up its efforts to revitalize domestic demand to sustain the improvement in industrial earnings amid mounting uncertainties.

From January to May, the accumulated power generation of the whole region was 138.22 billion kwh.

Analysts urge more steps to revitalize domestic demand to sustain growth amid uncertainties

The 2009 ferrosilicon contract price on ZCE closed at 5862 yuan per ton on July 2.