The ministry said, "this decision will save dozens of early death cases caused by air pollution."

China's benchmark power coal price remained flat during the past week.

China's benchmark power coal price remained flat during the past week.

Thermal coal options started trading on the Zhengzhou Commodity Exchange (ZCE) in central China's Henan province Tuesday.

Analysts urge more steps to revitalize domestic demand to sustain growth amid uncertainties

The supply and demand dynamics in China's steel market look set to remain in balance over the second half of 2020 as its steel capacity expansion has slowed.

Analysts said the country should ramp up its efforts to revitalize domestic demand to sustain the improvement in industrial earnings amid mounting uncertainties.

American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 1,792,000 net tons (NT) of steel in May 2020.