As the market enters the final few months of 2020, US flat-rolled steel mills sit in a much better position than they were just two months ago.

Carbon is increasingly acquiring a cost that will eventually be built into steel production all over the world.

China's car sales rose in September for a fifth straight month to their highest level this year.

In the week ending on October 17, 2020, US domestic raw steel production was 1,535,000 net tons while the capability utilization rate was 69.4 percent.

China's economy expanded by almost 5pc in the third quarter, continuing the country's recovery from its Covid-19 outbreak earlier this year.

The 2101 ferrosilicon contract price on ZCE closed at 5918 yuan per ton on October 20.

UK-Australian resources firm BHP is likely to spin out its thermal and lower-grade coking coal assets into a new firm, similar to the formation of South32 in 2015.

Liberty Steel Group has submitted a non-binding indicative offer for ThyssenKrupp Steel Europe, the group said.