September iron ore futures on the Dalian Stock Exchange reached 102.2/ton, the highest level since the beginning of May. Whereas the August contracts in Singapore are estimated at 96.15/ton.

In the EU, rebar prices were stable at the beginning of the month — 632.5/ton ex-works in Northern Europe and 500/ton ex-works in Italy, which corresponds to the level of the previous week.

Average prices for Brazilian pig iron on FOB terms in June decreased from 420/ton at the end of May to 410/ton (as of June 20).

Trump said that from August 1, the United States will raise the "reciprocal" (reciprocal) duty on imports from Brazil to 50%. Until that time, the tariff was 10%.

Baosteel raises prices for rolled products by 14/ton for August sales. The company kept prices unchanged for four months in a row.