The Argus 62pc lump premium stood at 20￠/dry metric tonne unit (dmtu) on 30 September, the highest since June.

Australian-Japanese joint venture BHP Mitsubishi Alliance (BMA) is facing potential strikes at its coking coal mines in Queensland, as members of Australian unions vote in favour of taking protected industrial action.

JISPL's production plunged by 77pc on the year to 30,000t during July to September.

The firm maintained its 2022-23 financial year production guidance at 58mn-64mn t.

The federal government also has a renewable energy target of 82pc by 2030, up from around a third currently.

India's largest iron ore producer state-controlled NMDC rolled over its prices for a second straight month in October.

Indian private-sector producer JSW Steel has signed an initial deal with US-based finance technology firm Smartex to explore low-emissions steel production.

The Argus weekly domestic US ex-works plate assessment was flat at $1,620/st.