In the week ending on October 1, 2022, domestic raw steel production was 1,700,000 net tons while the capability utilization rate was 77.1 percent.

The world’s steel production stood at 1.95 billion tonnes in 2021, according to the World Steel Association.

Exports to the three major destinations — South Korea, Vietnam and Taiwan, China.

This volume is only below what was recorded in September 2020, when Brazil exported 37.47 million tonnes for the month.

Toronto-listed Teck Resources said on Thursday that its third-quarter steelmaking coal sales were 5.6-million tonnes, which was within its revised guidance of 5.5-million to 5.9-million tonnes.

Supply challenges persist to meet rising rare earths demand, reports Davide Ghilotti.

In September, the premium remained at $95 per tonne.

“No one seems to be in a hurry to get anything signed right now,” a second producer agreed.