Russia's reliance on metallurgical coal by major steelmakers means it will not be able to stop using coal as soon as possible, but companies are also actively trying to reduce carbon dioxide and achieve green steel production.

A scoping study by ASX-listed Australian Strategic Materials (ASM) into an initial 5 200 t/y metals plant in Korea, has demonstrated the feasibility for the project.

New data from the Australian Bureau of Statistics (ABS) has shown that mineral exploration expenditure continued to grow in the December quarter.

South Korean steel companies are getting busier as demand for steel increases at home and abroad, Yonhap reported.

Japan's scrap exports fell by 23.5% in January

Indonesian IFSH company (PT. Ifishfeco Tbk) promotes two nickel-iron pyrotechnic projects of blast furnace and thermal ore furnace

It remains to be seen to what extent the Huawei ban will affect their investment.

"China is probably the only major economy to have grown in 2020, and it will be at the heart of international recovery this year," Bevan said.