In 2024, China will see the value-added of the iron and steel industry expand about 4 percent, according to the document.

Finished Import Market Share YTD at 22%.

AISI: US Raw Steel Production in the week ending on August 26, 2023.

For his part, Demchenko confirmed the company's keenness to invest in the Egyptian market.

In 2024, China will see the value-added of the iron and steel industry expand about 4 percent, according to the document.

Iron-ore major Fortescue has reported record shipments during the 2023 financial year, while also announcing the departure of CEO Fiona Hick only six months after her appointment.

BHP Group reported its lowest annual profit in three years, but the decline isn't the most worrying factor for the world's biggest mining company.

China's share of global orders for large LNG carriers exceeded 30 percent in 2022, hitting a record high.