US hot-rolled coil prices remain modestly below $25 per hundredweight as mills seek to keep them from falling into loss-making territory amid a steep drop in demand.

The American Iron and Steel Institute (AISI) reported that for the month of February 2020, U.S. steel mills shipped 7,771,656 net tons.

American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of March totaled 2,323,000 net tons (NT).

In the week ending on April 11, 2020, US domestic raw steel production was 1,256,000 net tons while the capability utilization rate was 56.1 percent.

Chinese authorities on Sunday demanded solid efforts to ensure workplace safety and resolutely curb major accidents.

Iron ore futures closed lower on Monday in daytime trading at the Dalian Commodity Exchange (DCE).

China saw continuous environmental improvement last year, with reductions in airborne pollutants in major polluted cities and severely polluted surface water across the country, authorities said.

Iron ore futures opened higher Monday in daytime trading on the Dalian Commodity Exchange (DCE).