Business Standard reported that Indian steel manufacturers have accelerated iron ore buying as they dread marked disruption in supplies after the end of lease tenure of merchant mines by March 31, 2020.
Production safety of China's coal mines has continuously improved over the past 20 years, with thorough safety supervision and better industrial structure.
US Steel Corporation in its outlook report for the fourth quarter said “Economic indicators in the region suggest difficult market conditions are likely to continue in 2020.