But there were other changes in the quotas, many of which have seemingly gone unnoticed.

After India imposed a high export tariff, the iron ore price in Orissa plummeted by nearly 20% in the auction due to the sluggish domestic steel demand in India.

Increased efficiency cuts carbon, advances net-zero path, research finds

Giyani Announces Confirmation of High Grade Intersections at its Otse Prospect

Hyundai Steel's net profit increase 122% year-on-year in Q1 2022.

China's Yankuang Energy said on Tuesday that it was open to negotiations to buy the remaining shares in its majority-owned unit Yancoal Australia, after the Australian coal firm rejected a $1.8-billion offer.

Diversified miner Rio Tinto has inked a memorandum of understanding (MoU) with Germany’s Salzgitter Group to study the optimisation of Rio’s Australian and Canadian iron-ore products for use in a green steel project, in Germany.

Newly appointed Resources Minister Madeleine King is looking at Australian gas producers to increase supply to domestic markets, but has also noted that coal-fired power stations would be essential to combat Australia’s energy crunch in the short term.