AISI reported that steel import permit applications for the month of November totaled 1,408,000 net tons (NT)*. .

In October 2020, U.S. steel mills shipped 6,747,709 net tons, a 1.3 percent increase from the 6,662,904 net tons shipped in the previous month.

Fortescue will look at using the PosMAC steel product to build its solar energy facilities in Western Australia.

Liberty to produce 1 million mt/year products at Rotherham.

The settlements for BF-grade pellet premiums are double the $20/dmt premium in the previous quarter and 93pc higher than $24/dmt for DR-grade pellets.

Even as S&P Global Platts IODEX 62% Fe fines benchmark fell Dec. 14 to $154.50/dmt, total pellet prices indicated well above earlier levels.

The country consumed 4.86 billion metric tons of standard coal in 2019, lower than the ceiling target of 5 billion tons.

Innovation is a fundamental condition for China's steel industry to achieve high-quality development during the 14th Five-Year Plan(2021-25) period and beyond, according to a senior industry expert.