It was the second consecutive month that US steel production has lagged its prior year period.

The higher tax is effective 22 May, India's finance ministry said on 22 May 2022.

Electric arc furnace (EAF) steelmaker Nucor has lowered its plate prices for the first time in at least two years.

Brazil's demand for power rose by 2.5pc in April from a year earlier, as consumption grew both in the regulated and free markets.

Chile’s mining industry will have to reduce greenhouse gas emissions to a minimum by 2050 under the climate change bill approved by congress and sent to President Gabriel Boric to be signed into law.

XCMG Construction Machinery, a subsidiary of China's Xuzhou Construction Machinery Group, will supply mining and infrastructure equipment to Brazilian mining giant Vale.

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 162.7 million tonnes (Mt) in April 2022, a 5.1% decrease compared to April 2021.

India's top mining, steel groups warn of adverse impact from export duty hikes