Steelmaker Nucor rolled its first plate at its new mill in Brandenburg, Kentucky.

Brazil increased its power generation capacity by 8.2GW in 2022, with fossil-fueled thermal plants accounting for 16pc of total growth.

A year ago the spread was $1,058/st as HRC prices were plunging from record-high levels.

Japan produces around 1mn permanent magnet synchronous motors for vehicles each year, according to trade ministry data.

India's largest iron ore producer NMDC has raised its iron ore prices for January, the second straight month of increase.

Africa can produce 50Mt/y of green hydrogen at less than €2/kg by 2035, report shows

BHP and Oz Minerals agree on takeover deal

In the week ending on December 31, 2022, US domestic raw steel production was 1,602,000 net tons while the capability utilization rate was 71.8 percent.