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Recent signs have tended to confirm expectations of reduced import demand for many commodities this year.
China’s crude steel production shot up to a new record high in May on an uptick in demand from construction and manufacturing sectors...
China will continue to reduce its outdated production capacity of coal and steel this year, the country’s top economic planner said Thursday.
Brazil’s Vale has updated that operations at its Malaysian iron ore terminal will carry on, following an announcement two weeks ago that operations may be temporarily suspended due to the coronavirus.