Imports, exports of steel products decline in Feb

China's automobile production and sales were 2.04 million units and 2.13 million units, down 8.7% and 5.5% month on month respectively, and falling 6.8% and 3.1% year on year.

A water inrush accident occurred at the Dahongcai iron ore mine in Daixian County, Shanxi Province on June 10, leaving 13 people trapped, according to preliminary estimate.

Operating rates of blast furnaces at steel mills fell 1.2 percentage points from a week ago and decreased 0.9 percentage point from a month ago to 85.7% as of May 27, SMM survey showed.

According to the SMM survey that covers 102 blast furnace steel mills, 42.2% of them are undertaking maintenance or have trimmed output (excluding mills that reduced output by adjusting rates of equipment utilisation and raw material ratios), down from a ratio of 50% last week, as some long steel mills have recovered production from maintenance.

This came after two consecutive months of declines

China exported 197,100 mt of aluminium sheet, plate and strip in Sep

China imported 6.75 million mt of bauxite in Sep, down 21.86% month on month and 2.08% year on year

China exported 60,000 mt of silicon metal in Aug

Copper concentrate imports rose to an all-time high of 2.07 million mt in Jul, exceeding 2 million mt for the first time

Exports stood at 487,000 mt in Jul, down 6.17% from Jul 2018 and 4.51% from Jun