China's factory-gate prices continue to fall in April.

Chinese steel mills are looking to gain a greater say in iron ore pricing by opting for yuan-denominated settlements, with a key deal concluded in the Chinese currency recently.

“Industrial activities (in China) are practically at their normal levels…Civil construction is also rising daily and steel and iron ore stocks are falling,” he said.

[Ferro-Alloys.com] In a bid to support community efforts battling the COVID-19 pandemic, Rio Tinto is investing $10mn in a range of grassroots initiatives and projects across the United States and Canada.

China's logistics prosperity index hit 53.6 percent in April, up 2.1 percentage points from the previous month.

According to the 2019 annual report of HBIS Group, in 2019, its operating revenue reached 121.5 billion yuan (about $17.2 billion).

Baosteel Co., Ltd.: in 2019, its operating revenue reached 291.594 billion yuan (about US $41.2 billion).

Angang Steel Co., Ltd.: in 2019, its operating revenue was 105.587 billion yuan (about 14.9 billion US dollars).