Retail stocks of the five major carbon steel items stored in the commercial warehouses across China that Mysteel regularly monitors rose for a third week during July 3-9, the results of Mysteel's latest weekly survey showed.

Following the strong trend witnessed in China's coking coal prices during this year's January-June half, the protracted supply tightness is expected to shore up the market during the current July-December period, with further increases in coal prices also in prospect, Mysteel's half-yearly report on

In its latest World Economic Outlook (WEO) update released on July 8, the International Monetary Fund (IMF) has broadly held its global growth forecast for 2026 unchanged from its April prediction, trimming the earlier forecast by a small 0.1% to 3%, while raising that for 2027 by 0.2% to 3.4%,