China Steel

Though the exact figure for semi-finished exports to China is not known, steel producers say a bulk would have gone to China.

Iron ore supply growth woul be primarily driven by India, Brazil where major miner Vale is set to expand output with its new mine

US-China trade tensions continue at a slow boil

Some of the 11 disqualified mills were under bankruptcy liquidation processes or failing to obtain operating licenses from the local govt

The world's biggest steel maker produced 81.13 million tonnes of crude steel last month, up 5.8 per cent from the previous month and 8.9 per cent from the same month last year

Govt imposed 19% countervailing duty on some hot-rolled, cold-rolled stainless steel flat products

Last month, China said it has reduced its total steel production capacity by 42.4 million tonnes