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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 German government agreed to support the country's steel industry in its long-term transition to low-carbon production, the German Ministry for Economic Affairs and Energy (BMWi) announced on Wednesday.

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.

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%.

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

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.