World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 147.3 million tonnes (Mt) in October 2022, a 0.0% change compared to October 2021.

India scrapped export taxes on low-grade iron-ore and on some intermediate steel products beginning Saturday, after months of complaints from miners and steel makers about loss of foreign sales opportunities.

Tribunal approves Implats’ buyout of RBPlat subject to conditions

Indonesian state-owned utility PLN last week targeted a cut to GHG emissions this year of 32mn t.

HRC lead times in the Midwest increased to 4 weeks from 3-4 weeks.

OEUK estimates only nine exploration and appraisal wells be drilled this year, down from around 60 in 2010.

US plate maker Nucor kept its plate prices for December flat.

Its July-September production fell by 77pc from a year earlier to 30,000t.