The U.S. trade representative's office said that the U.S. is taking additional measures to limit the import of steel from Mexico and Brazil in the face of domestic market difficulties caused by the COVID-19 on Monday.

Electrical steel is vital for its use in the stators and rotors in the motor of an electric vehicle.

The China Tianjin Bulk Freight Index (TBI), an indicator of northern China's international bulk freight rates, stood at 830.12 points on Wednesday, up 1.71 percent compared with the previous working day.

Move to spur industry consolidation and further boost supply-side reforms.

Yantai Port in East China's Shandong province set a new world record in unloading efficiency after unloading an average of 12,438 tons of iron ore per hour from a single ship.

Xinjiang cuts over 30 bln kWh coal-fired power in new energy trade since 2016.

Thanks to the implementation of supply-side reforms, the pattern of supply and demand in the steel sector in China has improved since 2016.

China's steel sector registered notable output growth in July as the country's economic recovery consolidates, industry data showed.