The deal is expected to be announced later on Wednesday on the sidelines of a summit of EU and Southeast Asian leaders in Brussels.

US steel imports may be set to fall in November to levels not seen since February 2021.

Low- or zero-carbon hydrogen and ammonia solutions may also be extended to the energy, chemicals and aviation industries, the EMA added.

The RoDTEP scheme, which offers refunds on central, state and local duties and taxes, is applicable to exports until 30 September 2023.

Coking coal prices on a fob Australia basis edged up today on firm demand, but some buyers stayed cautious given an uncertain outlook.

US hot rolled coil (HRC) spot prices jumped this week as mills pushed price increases announced last week.

There have been a number of 10,000t trades in recent days, the highest single monthly clip since the European contract launched in March 2020.

The 2301 ferrosilicon contract price on ZCE closed at 8714 yuan per ton on December 14.