[Ferro-Alloys.com] LISTED nickel miner, Bindura Nickel Corporation (BNC) has tabled a plan to increase its extraction resource base to 8 000 metres in line with the miner’s new strategic priority.

One of the routes, linking China and Malaysia, will help build an efficient and low-cost maritime logistics channel.

Its main imports from Australia last year included iron ore and natural gas, which took up 70.6 percent of the total Chinese imports from Australia.

Imports of iron ore and iron ore concentrates also rose, climbing 11 percent from 2019.

China will come out with an action plan soon to further reduce the carbon footprint of the steel industry in the country, a top industry association said on Wednesday.

Roach said he expects container rates to normalize later in the year after COVID-19 vaccines have been rolled out globally.

On the 27th, the national billet market rose steadily.

China Baowu Iron and Steel Group Co., Ltd. announced in Shanghai that it would achieve a historic breakthrough of over 100 million tons of steel per year.