Hoa Phat and SeaCube which boasts an international operation network hope for continued cooperation in the coming time, he added.

The total trading volume of 2409 contract on the exchange was 72035 lots, with a turnover of about 2403.9738 million yuan.

Tata Steel has announced that it aims to double production by increasing its production capacity in lndia from the current 21 MTPA to approximately40 million tonnes per annum (MTPA).

European steelmakers have called on governments to take action against soaring electricity prices, which they say are hurting the competitiveness of the sector.

BHP Group on Wednesday reported record annual iron ore production for a second consecutive year, helped by improved weather conditions and higher contribution from its South Flank operations in Western Australia.

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Vale’s Q2 nickel production totaled 27.9 kt, 24% lower y/y, mainly reflecting the planned maintenance strategy at the nickel processing plants.