Decline forecasted due to excessive global output and cheap scrap metal.

The University of Science and Technology in Beijing has launched an online course where renowned scholars are invited to deliver online speeches about the evolution of China's iron and steel industry since April 23.

China's quick recovery from the Covid-19 outbreak has steadied iron ore prices this year, but global steel production cuts could divert 4mn-5mn t/month of iron ore to China and start to weigh on its spot markets, especially for pellet.

Steel Authority of India Ltd (SAIL) ramped up iron ore production and dispatch to 29.26 million tonne (mt) and 29.43 mt in 2019-20.

BHP is one of the world's largest exporters of iron ore and hard coking coal. It also ships thermal coal and copper.

ferro-alloys.com:The Price of iron ore enhanced

Some 90 tons of medical equipment and medical supplies will be flown to Australia on three charter flights by China Eastern, according to Australian iron ore magnate Andrew Forrest.

The cargo throughput of Yantai port in East China's Shandong province reached 79 million tons in the first quarter of 2020.