Chairman secretary of Bao Steel: More than 90% of the iron ore used by the company is imported.

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.

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

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.

Chairman secretary of Bao Steel: More than 90% of the iron ore used by the company is imported.

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

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

The 2009 ferrosilicon contract price on ZCE closed at 5896 yuan per ton on May 20.