Its iron ore sales fell by 5.7pc to 38.25mn t during the same period.

According to Russia-based SpetsStal Association, in March 2023, Russia's stainless steel imports totaled 39,940 mt, a month-on-month increase of 84%.

According to the National Bureau of Statistics, in March 2023, China's crude steel output was 95.73 million tons, a year-on-year increase of 6.9%.

London-Tin prices soared on Monday to their highest in nearly two months as news of a mining ban in Myanmar, a major producer of the soldering metal, fuelled worries about shortages.

Neometals increases stake in Finland vanadium project

PERTH – ASX-listed Pacific Nickel has appointed Haldane Morris as COO as the company moves to bring its Kolosori nickel project, in the Solomon Islands, into production as soon as possible.

Driven by the soaring price of downstream magnesium metal, the price of 75# ferrosilicon has climbed to around 8200-8400 CNY/T.

The company's saleable iron ore production remained flat against the previous year at 5.4mn t during 2022-23.