This volume is only below what was recorded in September 2020, when Brazil exported 37.47 million tonnes for the month.

Toronto-listed Teck Resources said on Thursday that its third-quarter steelmaking coal sales were 5.6-million tonnes, which was within its revised guidance of 5.5-million to 5.9-million tonnes.

Supply challenges persist to meet rising rare earths demand, reports Davide Ghilotti.

In September, the premium remained at $95 per tonne.

“No one seems to be in a hurry to get anything signed right now,” a second producer agreed.

US Steel separately repurchased approximately $300 million of outstanding debt last week, the company noted in the same release.

Thyssenkrupp plans for its Steel Europe operations to be completely climate-neutral by 2045 at the latest, the company said.

In a bid to produce emissions-free steel, Boston Metal believes in skipping the green hydrogen step in the steelmaking process.