Brazil is expected to see a drop in both exports and imports next year due to the weakness of the global economy.

What looked like it was going to be a good year for the Peruvian mining sector – high commodity prices, economic recovery, and strong demand for copper – will end up being one of zero growth and an uncertain outlook for the coming years.

Mexican steel consumption grew 9.1% in November year-on-year but fell 1.9% in the January-November period, mainly due to the construction sector's weak performance.

Thai Nov exports drop 6.0% y/y, more than forecast

CHINA COMMERCE MINISTRY SAYS WILL PROVIDE MORE CONVENIENCE FOR FOREIGN BUSINESS PEOPLE TO CONDUCT BUSINESSES IN CHINA

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 139.1 million tonnes (Mt) in November 2022, a 2.6% decrease compared to November 2021.

Australia's marginal iron ore mining firms are preparing to restart operations in 2023, but realising stronger demand could add to the highly inflationary cost environment.

Japanese car manufacturer Nissan will start using green steel and aluminium sheet in production from January 2023 as part of the company's decarbonisation drive.