China's imports of both semi-finished and finished steel products surged in April.

United Arab Emirates producer Conares Steel has increased its rebar price to 1,774 dirhams ($483) per tonne ex-works, from the previous month’s level of 1,690 dirhams per tonne ex-works.

More than 50,000 5G base stations are expected to be built in Hubei province this year, covering all urban areas of Wuhan, the capital city of the province, Changjiang Times reported.

China steel futures close lower.

Iron ore futures close lower.

China steel futures open lower.

Iron ore futures open higher.

From the perspective of demand, in June, the Southern region ushered in the rainy season, with rainstorms and floods in many places.