Domestic prices for heavy steel place in Europe have been fairly stable over the week, but some mills have started to increase offers due to higher production costs, sources told Fastmarkets on Wednesday June 17.

Flat steel product shipments from EU steel service centers fell by 18.5% in January-April from the same 2019 period.

More than 50,000 5G base stations are expected to be built in Hubei province this year, covering all urban areas of Wuhan, the capital city of the province, Changjiang Times reported.

Iron ore futures close lower.

China steel futures open lower.

China steel futures close lower.

Iron ore futures open higher.

From the perspective of demand, in June, the Southern region ushered in the rainy season, with rainstorms and floods in many places.