US Steel's cold-rolled coil (CRC) pricing was increased to $1,150/st.

October is the strongest volume month for the CME Group's North European hot-rolled coil (HRC) contract since February of this year.

Electric arc furnace (EAF) steelmaker Nucor is dropping its discrete plate prices by $140/short ton (st).

China will play an even more critical role for us in developing the renewable technology in solar and wind and getting that cost down

Domestic steel consumption grew strongly in the first half of the financial year in a clear signal that Indian manufacturing continues on a robust growth path despite global headwinds.

It attributed its optimism to growth-stabilizing policies and rising demand from fields like new energy vehicles and solar energy.

"It is now clear that the Chinese government aims to, and is giving every indication that it will, maintain the target GDP and set GDP per capita," he said.

Prices remain down by 33pc from their April peak of $1,200/st.