Australian resources firm BHP and Japanese trading house Mitsubishi plan to sell the 12mn t/yr Blackwater and 2.5mn t/yr Daunia mines from their BHP Mitsubishi Alliance (BMA) joint venture in Queensland.

Traders associations, regulators and other market representatives have responded to the European Commission's consultation proposed power market reform.

In the week ending on February 18, 2023, domestic raw steel production was 1,654,000 net tons while the capability utilization rate was 74.0 percent.

Industrial power consumption up 1.6% in 2022 in Ordos City, Inner Mongolia.

US steelmaker Nucor has raised its flat rolled steel prices by $100/short ton (st) and set a minimum target price of $1,000/st for hot rolled coil (HRC) products.

Coke output up 2.5% in 2022 in Ordos City, Inner Mongolia.

A comparison of shipments for the full year 2022 to full year 2021 shows the following changes: corrosion-resistant sheet and strip down 8 percent, hot rolled sheet down 10 percent and cold rolled sheet down 15 percent.

Bushveld maintains hot commissioning target of mid-2023