BHP is the only one of the big four Western Australian iron ore mining firms to operate major coking coal exporting facilities.

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

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 US shipped 139,162t to China in August, 88.8pc lower than a year earlier and 51.8pc lower than July.

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

The Australian and Singaporean governments have signed a green trade agreement to support trade, investment and climate change objectives.

UK-Australian mining firm Rio Tinto expects to come in at the bottom of its 320mn-335mn t guidance for 2022.

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