The firm maintained its 2022-23 financial year production guidance at 58mn-64mn t.

JISPL's production plunged by 77pc on the year to 30,000t during July to September.

BHP is the only one of the big four Western Australian iron ore mining firms to operate major coking coal exporting facilities.

US steelmaker Nucor is expecting to roll its first plate at its new Brandenburg, Kentucky, mill by the end of the year.

Vale is set to release earnings Oct. 27 after the close of regular trading.

Rio last month said it would team up with China Baowu Steel Group to develop an iron ore project for $2 billion as it looks to prop up its production from the Pilbara region.

The higher production comes despite an 18% fall in spot prices of iron ore over the September quarter.

Hoa Phat Group produced over 6 million tonnes of crude steel in the first nine months of the year, matching its output from last year.