And the UK export market has also been affected by a combination of weaker demand into deep-sea destinations such as Turkey and the Indian subcontinent.

Liberty plans to build an electric arc furnace (EAF) at Whyalla.

The weekly fob Turkey assessment for mesh-quality wire rod fell by $5/t to $605/t.

Liberty believes the company is conflicted and should not be able to vote, according to sources.

Japan's economy managed to avoid a recession in last year's final quarter, supported by increased spending on facilities and equipment by the country's private-sector firms.

The ultra-low emissions transformation in the steel industry, for example, was accelerated.

Ningxia has made significant strides in high-quality development in recent years, nurturing new quality productive forces while fostering development impetus, said Liang Yanshun, Party secretary of the region.

More policy support is expected by national legislators and political advisers to back major technological innovations and wider applications of advanced equipment, fortifying tech advancements for machine tools, in a bid to propel green and high-quality trans...