Chinese enterprises have also managed to guarantee the construction and operation of overseas projects under the framework of the Belt and Road Initiative.

Latin American steel association Alacero said that Latin America is facing the worst crisis in its modern history and is in a moment of transition.

China's "new infrastructure" construction plan, particularly charging piles for new energy vehicles, 5G base stations, ultrahigh voltage power and intercity high-speed railways, may boost demand for metals like copper and cobalt, industry experts said.

The unmanned workshop is just a miniature of the accelerated digitalization of the Chinese manufacturing sector.

China's benchmark power coal price rose slightly during the past week.

From January to May, Russia exported 6.38 million tons of semi-finished carbon steel products, a year-on-year decrease of 0.7%.

Japanese Ministry of Trade & Industry announced that Japan's crude steel output is forecast to decrease 27.9 percent year on year to 17.7 million tonnes in the July-September quarter this year.

This is the 140th sublance system supplied by Danieli Corus and the 90th in the Chinese steel industry.