The World Steel Association (worldsteel) today released an update to its Short Range Outlook (SRO) for 2020 and 2021.

Fenix Resources (ASX:FEX) now has sales agreements covering all of its iron ore production from the Iron Ridge project in Western Australia after reaching a binding offtake agreement with Chinese heavyweight Sinosteel.

The decline slightly widened from the 2-percent drop in August, the NBS data showed.

According to the sources, both plants are in the U.S. state of Indiana and jointly operated with ArcelorMittal S.A.

In the same period, imports of soybeans rose 15.5 percent, pork imports grew by 132.2 percent and beef imports increased 38.8 percent.

The Nigerian government on Tuesday launched the commercial operation of the Itakpe-Ajaokuta-Warri railway.

Steel inventories at member mills of the China Iron & Steel Association (CISA) and in the spot market both increased in early October.

Mexican scrap prices mostly stable on low supply, US prices.