North American steelmakers Nucor and ArcelorMittal Dofasco have joined others in raising sheet prices.

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.

Posco's initiatives are in line with South Korea's hydrogen roadmap as the country aims to establish large-scale domestic and overseas production bases and achieve 7.1pc of clean hydrogen power generation by 2036.

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