HRC lead times in the Midwest fell to 3-4 weeks from 4 weeks.

Limited overseas scrap demand will continue to weigh on export prices, trade sources said.

Total US electric power sector electricity output for October-March will edge down by less than one-tenth of one percent to around 1,929bn kWh, EIA projected.

Rio Tinto, BHP, Fortescue and Roy Hill loaded vessels with a combined 17.12mn deadweight tonnes (dwt) of capacity.

Total US electric power sector electricity output for October-March will edge down by less than one-tenth of one percent to around 1,929bn kWh, EIA projected.

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.