China's August output reached 233,300t, up by 7.56pc from July, according to data from the China Nonferrous Metals Industry Association.

These are higher-value tonnages than many large iron ore shipments.

These are higher-value tonnages than many large iron ore shipments.

These are higher-value tonnages than many large iron ore shipments.

US delays final conclusion on anti-dumping probe into Vietnam’s stainless steel

More buying interest from steelmakers is expected in the next few weeks and there should be an increase in inter-merchant trading in that time.

No firm date was given for the introduction of the planned changes.

From January to July, Liaoning's foreign trade of goods reached 439.01 billion yuan ($67.74 billion), up 13.6 percent year-on-year, according to Shenyang Customs.