Japan’s JFE Steel Corp is in talks to buy a stake in the metallurgical coal business of Canada’s Teck Resources, two people aware of the development said, adding to the list of suitors that also includes miner Glencore.

Coal miner Whitehaven Coal has struck $3.2-billion deal with diversified miner BHP and Mitsubishi Development to acquire the Duania and Blackwater metallurgical coal mines in Queensland.

Iron-ore production in the first quarter ended September fell by 3% on the previous quarter, to 63.2-million tonnes

Rio Tinto reported a 1.2% rise in its third-quarter iron ore shipments on Tuesday, as the Anglo-Australian miner ramped up production at its Gudai-Darri mine.

JFE Steel, Japan's second largest steel producer, is entering the construction and real estate sector by offering environmentally friendly steel products under the JGreeX? brand.

According to data announced by the General Administration of Customs of the People's Republic of China, the export volume of finished steel products in September 2023 was 8 million tons.

But sources at larger mills said they will not move automotive contracts to spot references that "reduce" their negotiating power.

India's JSW Steel wins iron ore block in Karnataka.