ANZ has downgraded its iron ore and coking coal price forecasts for the next two years because of lower growth predictions for China. The bank said it had reduced its iron ore and coking coal prices by five to 13 per cent for 2016 and 2017. A downward re...

India aims to be second largest steel producer

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China's exports declined more than expected in July, hobbled by a strong yuan and lowerdemand in the European Union, and adding pressure on the government to stabilize growth.

China's producer prices continued to fall in July, pointing to looming deflation risk, datafrom the National Bureau of Statistics (NBS) showed on Sunday.

China's consumer price index (CPI), a main gauge of inflation, rose to 1.6 percent inJuly, the highest level seen in 2015.

China's trade rebounded in February from the previous month's surprise contraction, but imports were subdued in another sign of continued weakness in the world's second-largest economy.