The new numbers were the result of a previous public consultation, which reviewed the methodology and other factors related to calculating nameplate generation capacity.

The daily Argus ICX 62pc iron ore index was at $108.75/dry metric tonne on 10 August, lower by 33pc from a year earlier.

Lead times for CRC rose slightly to 6 weeks from 5-6 weeks while HDG lead times edged down to 4-5 weeks from 4-6 weeks.

Brazilian alloy producer Ferbasa's ferro-chrome and ferro-silicon output continued to lag year on year in the second quarter.

Brazilian alloy producer Ferbasa's ferro-chrome and ferro-silicon output continued to lag year on year in the second quarter.

In the week ending on August 13, 2022, US domestic raw steel production was 1,742,000 net tons while the capability utilization rate was 79.0 percent.

No Change YTD in 2022 from Same Period in 2021

Mineral Resources (MinRes)’ transformational Onslow Iron project (formerly known as the Ashburton project) in Western Australia has commenced early works to support first ore on ship around December 2023.