US third-quarter shipments to India almost trebled year on year to 1.7mn t. Shipments to Brazil were 27.3pc higher on the year, at 1.5mn t.

The electric arc furnace (EAF)-based steelmaker announced the price decrease in a letter to customers on 29 November.

From the most to the least, energy is mainly consumed by the EU's industry sectors, transport, households, services and agriculture.

German automakers Mercedes-Benz and BMW sign up to use eco-friendly materials.

As the world transitions to more sustainable energy sources, using steel-armoured cables to connect to areas of high sun activity could be the key to a shared, solar-powered future.

Diversified miner Rio Tinto has set out its production growth and decarbonisation targets in an investor seminar.

Rio Tinto sees iron ore shipments in 2023 unchanged from this year

Green Steel Project to be built in Sipitang