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Australia on Thursday allocated A$1 billion ($636 million) to a fund that will support the manufacture of green iron and its supply chains, including an initial A$500 million to bail out the Whyalla steelworks in South Australia.

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Australia on Thursday allocated A$1 billion ($636 million) to a fund that will support the manufacture of green iron and its supply chains, including an initial A$500 million to bail out the Whyalla steelworks in South Australia.

But with the resumption of construction projects in various regions, there are still certain expectations on the demand side.

Calcium metal spot market continued the weak shock pattern, the spot offer fell again.