Australia’s IGO Ltd said on Tuesday it would record a non-cash impairment charge against its nickel exploration assets for fiscal 2024, though the move will not impact the company’s operating profit for the year.

Rio Tinto Secures Approvals for Simandou Iron Ore Project In Guinea

Market Prices of Important Means of Production in Circulation, July 1-10, 2024.

This year, finished steel production is expected to hit 30 million tons, reflecting a 7 percent rise from 2023, said the association.

According to him, earlier investment in the semiconductor sector in Malaysia is expected to boost flat steel demand.

The total trading volume of 2409 contract on the exchange was 93409 lots, with a turnover of about 3152.6912 million yuan.

Shipment for oil products, steel, auto parts, precision machinery and home appliances expanded in double figures.

In June, Sukha Balka commissioned two new blocks of iron ore at both mines of the enterprise. Combined reserves amount to 157 thousand tons.