Japanese automaker Honda expects to boost its North American production in the fourth quarter as access to auto parts improves.

Tata Steel approved a merger with its seven metal subsidiaries last month to increase operational efficiency and reduce costs.

Indian private-sector producer Tata Steel's sales rose by 7.2pc on the year in July-September, despite monsoon-led seasonal weakness.

The world’s steel production stood at 1.95 billion tonnes in 2021, according to the World Steel Association.

The company held guidance on FFI’s annual operating expenditure unchanged at $500 million to $600 million.

Vale added in a securities filing, however, that no decision has been reached yet on any potential transaction.

US Steel separately repurchased approximately $300 million of outstanding debt last week, the company noted in the same release.

Circle Green is not yet available in North America, according to the spokesperson for Outokumpu.