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Spot prices for flat-rolled steel in the US fell again this week as mills struggled to book new spot orders.

Japanese auto manufacturer Mazda is planning to restart two-shift production at all of its four domestic assembly plants in July to gradually restore output from Covid-19 lows.

ArcelorMittal today announced a �440/t ex-works base price for hot-rolled coil (HRC) in the northwest European market, buyers told Argus.

The European Automobile Manufacturers' Association (ACEA) is forecasting a 25pc drop in new passenger car sales in the EU this year as result of the Covid-19 pandemic.

Growth in India's renewable energy capacity is on course to easily outpace the expansion of its coal-power fleet in the current decade, given the country's broader plan to cut its dependence on the thermal fuel.

Steelmakers are still expected to purchase another 50,000-100,000t of July-shipment deep-sea scrap, but almost all of their requirements have been met.

Global crude steel production in May down 8.7% on year due to coronavirus crisis: worldsteel

Analysis: Vale's monthly iron ore shipments indicate supply shortfall may persist