Erdemir Group produced 6.815 million tonnes of crude steel over the first nine months of 2021, equivalent to 23% of the national total.

“We remain bullish on 2022 [steel demand in Brazil],” Werneck said. “For flat steel, the outlook is positive.”

Global crude steel production falls for fourth consecutive month

Nation ramps up efforts to curb coal consumption

Fortescue posts solid start to FY22

Botswana delivers first iron-ore exports to China

Long-term coal stability in focus

The trading scope and participants in China's national carbon emission trading system may further increase as market ramps up to help attain the country's green targets, industry experts said.