India's largest iron ore producer state-controlled NMDC rolled over its prices for a second straight month in October.

Indian private-sector producer JSW Steel has signed an initial deal with US-based finance technology firm Smartex to explore low-emissions steel production.

JISPL's production plunged by 77pc on the year to 30,000t during July to September.

BHP is the only one of the big four Western Australian iron ore mining firms to operate major coking coal exporting facilities.

The Argus 62pc lump premium stood at 20￠/dry metric tonne unit (dmtu) on 30 September, the highest since June.

UK-Australian mining firm Rio Tinto expects to come in at the bottom of its 320mn-335mn t guidance for 2022.

Australian resources firm BHP has kept its iron ore production guidance for the 2022-23 fiscal year to 30 June unchanged with sustained output.

Japan and the US remained Vietnam's top two suppliers and accounted for 58pc of total imports in September.