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The No 8 BF was temporarily idled in mid-March amid lower demand resulting from the coronavirus pandemic and related automotive production stoppages.

Trade unions in the UK suggest they will not allow the end of blast furnace steel production.

US coking coal prices held mostly steady at the end of this week, with European demand muted for the third quarter.

Japan's iron ore imports fell further in June, as domestic steel mills maintained output cuts under pressure from lower manufacturing sector demand because of the Covid-19 pandemic.

Chinese-Australian coal firm Yancoal expects to produce 38mn t of saleable coal in 2020.

Sections prices have fallen as low as £430-440/t delivered, according to buy-side sources, despite rises in scrap and iron ore.

Electricity consumption of manufacturing industry up 4.7% YoY in June.

A new manufacturing plant for antibody-drug conjugates and resistant products topped out recently in the Benxi High-tech Zone.