Vietnam's consumption of steel products, especially colour-coated steel, declined in October while production continued to rise, according to the Vietnam Steel Association (VSA).

The IIP decreased by an estimated 1.6 percent compared to last month.

India will remain the world's second-largest steel producer behind China after having overtaken Japan in 2018, it added.

The agency’s views are based on its study of 38 listed and unlisted Indian steel companies.

Top 20 positions increased and decreased varied, the purchase volume is more than the holding position.

Vale said it plans a "coordinated exit" for its steel joint ventures, in an investor presentation this week.

India will remain the world's second-largest steel producer behind China after having overtaken Japan in 2018, it added.

Vale said it plans a "coordinated exit" for its steel joint ventures, in an investor presentation this week.