Horizonte Minerals (AIM: HZM) (TSX: HZM) has paused most construction activities at its Araguaia nickel project in Brazil with the company continuing to seek new sources of funding as its cash resources are running out.
The world's largest steel producer manufactured 79.09 million metric tons of the ferrous metal last month, down 3.7%from 82.11 million tons in September, data from the National Bureau of Statistics (NBS) showed.