Total US electric power sector electricity output for October-March will edge down by less than one-tenth of one percent to around 1,929bn kWh, EIA projected.

“Parties are still engaging,” Transnet spokeswoman Ayanda Shezi said in a reply to questions.

Europe is also bringing legislation that offers incentives for the use of green hydrogen, he said.

Vale is set to release earnings Oct. 27 after the close of regular trading.

“Parties are still engaging,” Transnet spokeswoman Ayanda Shezi said in a reply to questions.

Increased light vehicle production through the second half of 2022 over the first half of the year will increase availability for prime steel scrap.

Spot prices of ore bound for China, maker of about half the world’s steel, have fallen roughly 40% from this year’s peak above $160 in March.

The higher production comes despite an 18% fall in spot prices of iron ore over the September quarter.