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

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

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

Steel shipments from US mills fell in August as the market continued to deal with declining prices.

US steelmaker Nucor is expecting to roll its first plate at its new Brandenburg, Kentucky, mill by the end of the year.

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

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

High water storage levels at hydropower reservoirs have led Brazilian grid operator ONS and chamber of electric energy commercialization CCEE to launch a plan to export power to Argentina and Uruguay.