Brazilian miner Vale reported on Tuesday a 5.5% increase in its third-quarter iron-ore production compared to a year earlier, reaching the highest level in almost six years.

Global mining giant Rio Tinto has reported consistent iron-ore production from its operations in Australia’s Pilbara, with third-quarter output increasing by 1% to 84.1-million tonnes.

This will mainly be due to increased supplies from Australia

Worldsteel anticipates an eight percent increase in steel demand in lndia over 2024 and 2025.

"It is positive to see that (electricity) margins forecast for this winter are the highest since 2019/20," said Craig Dyke, director of system operations at NESO.

In the past, a consignment might be made up of miscellaneous goods.

In 2023, Shanxi produced over 1.37 billion tonnes of coal, and it has set a production target of about 1.3 billion tonnes for this year.

2024 marks the 70th anniversary of Baotou city's Baogang Group, celebrating its monumental achievements in industrial growth, reform, and expanding global markets.