North American steelmakers Nucor and ArcelorMittal Dofasco have joined others in raising sheet prices.

US third-quarter shipments to India almost trebled year on year to 1.7mn t. Shipments to Brazil were 27.3pc higher on the year, at 1.5mn t.

Community Union has written to UK prime minister Rishi Sunak urging him to "back Britain's steel industry".

Posco's initiatives are in line with South Korea's hydrogen roadmap as the country aims to establish large-scale domestic and overseas production bases and achieve 7.1pc of clean hydrogen power generation by 2036.

Despite this, the industrial structure of profits continue to improve, with the equipment manufacturing industry registering a rebound in profits for six consecutive months.

German automakers Mercedes-Benz and BMW sign up to use eco-friendly materials.

Major imported goods were coal, natural gas, agriculture products, and metal ore.

Hong Kong architectural engineering company So Li Ah has witnessed the local construction industry's long boom.