In the period, over 4 million tonnes of its products were sold, representing a year-on-year decrease of 22%.

In the period, over 4 million tonnes of its products were sold, representing a year-on-year decrease of 22%.

Finished Import Market Share Estimated at 21 Percent in August.

A comparison of shipments year-to-date in 2023 to the first seven months of 2022 shows the following changes: hot rolled sheet, up 4 percent, cold rolled sheet, down 1 percent and corrosion resistant sheet, down 2 percent.

Brazilian miner Vale said on Tuesday it expects to start building "mega hubs" in Middle Eastern countries next year to make low-carbon iron ore products for the steel industry, with the first one becoming operational in 2027.

No. 2 iron-ore miner Vale said the outlook for China’s steel-intensive property sector is “more encouraging” despite uncertainties, and reiterated its long-term view of the global steel market remains intact.

The company has started the production of final product, hot-rolled coils, from the Nagarnar plant in Chhattisgarh.

De Tian Coking started production with its first coke oven on 28 August, with projected output for 2023 less than 1.3mn t.