Sales and production of automobiles in China during April ticked up by 9.3% and 12.8% on year respectively, to reach 2.36 million and 2.41 million units, according to the latest release by the China Association of Automobile Manufacturers (CAAM) on May 11.

China's Consumer Price Index (CPI) increased by 0.3% on year and picked up 0.1% on month in April, while the country's Producer Price Index (PPI) fell 2.5% on year and dipped 0.2% on month, according to new data released by the country's National Bureau of Statistics (NBS) on May

Baoshan Iron & Steel Co (Baosteel), the listed-arm of the world's largest steelmaker China Baowu Steel Group, has decided to add Yuan 50/tonne ($6.9/t) to the list prices of its carbon steel hot-rolled coil (HRC) for domestic sales in June, after having cut its HRC list prices for May, according