Industry ramps up efforts for technological upgrades, intelligent and green manufacturing transformation.

Efforts should also be made to ensure stable supplies and prices, he said.

Japan's economy posted a contraction during January-March after a rebound the previous quarter, as the country's Covid-19 sub-emergency restrictions dented consumer spending and capped fuel consumption.

Nucor is spending $3bn to acquire CHI Overhead Doors from investment fund Kohlberg Kravis Roberts, the company said.

In 2021, US imports of HRC totaled 3.4mnt, with CRC imports at 1.71mn t and HDG imports at 2.69mn t.

UK-Australia resources firm Rio Tinto expects to benefit from an increased demand for metals and minerals needed to tackle climate change.

The shareholders of ASX-listed oil and gas major Woodside have voted overwhelmingly in favour of the merger with mining major BHP’s petroleum assets.

Steel firms tap innovation to achieve carbon goals