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

Volumes on the CME Group's north European hot-rolled coil (HRC) contract have already doubled compared to 2021.

The firm maintained its 2022-23 financial year production guidance at 58mn-64mn t.

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

The Australian and Singaporean governments have signed a green trade agreement to support trade, investment and climate change objectives.

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

Market participants report significant advancements after Brazilian electricity regulator Aneel approved temporary rules for a new demand response program, but say there is still room for improvement.

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