The total trading volume of 2406 contract on the exchange was 448807 lots, with a turnover of about 16277.2659 million yuan.

The Gerdau Charqueadas and Riograndense plants, located in the Brazilian southern state of Rio Grande do Sul, remain idled due to the intensive rains that have flooded the state.

Dinson Iron and Steel Company is gearing up to initiate test runs for its newly constructed steel plant in Manhize, near Mvuma, with plans to begin production as early as June.

Indonesia has granted Vale’s (NYSE: VALE) local unit a special mining permit extension.

Largo Reports First Quarter 2024 Financial Results; Cost Reduction Measures and Productivity Initiatives Underway

In April 2024, the production of all main products of the Russian ferrous industry decreased compared to April 2023.

The total trading volume of 2406 contract on the exchange was 575287 lots, with a turnover of about 20718.4015 million yuan.

India's iron ore exports have been growing steadily.