These standards, focusing on the restoration works for coal mines, metallic mines, and oil and gas projects, were rolled out last month and scheduled to take effect on August 1.

China's consumer price index, a main gauge of inflation, edged up 0.3 percent year-on-year in April, NBS data showed.

The Gerdau Charqueadas and Riograndense plants, located in the Brazilian southern state of Rio Grande do Sul, remain idled due to the intensive rains that have flooded the state.

Dinson Iron and Steel Company is gearing up to initiate test runs for its newly constructed steel plant in Manhize, near Mvuma, with plans to begin production as early as June.

In April 2024, the production of all main products of the Russian ferrous industry decreased compared to April 2023.

India's iron ore exports have been growing steadily.

The volumes of steel affected in each unit, however, are not yet possible to estimate.

The iron ore market is expected to diverge into two segments in line with the steelmaking industry’s march toward reducing carbon emissions...