China's steel industry maintained steady operations in the first three quarters of 2023, marked by an increasing output and improved structure, the China Iron and Steel Association (CISA) said on Tuesday.

China announced on Friday that it will impose export controls on certain graphite materials and related products, effective from December 1.

The country produced 3.44 billion tonnes of raw coal during the period, according to the National Bureau of Statistics.

The project kicked off construction in January last year with an investment of 4.125 billion yuan ($564 million).

World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 149.3 million tonnes (Mt) in September 2023, a 1.5% decrease compared to September 2022.

Brazil-focused explorer Bravo Mining (TSXV: BRVO) shares surged on Monday after the company announced an initial resource estimate for its Luanga palladium-platinum-rhodium-gold-nickel project located in Pará state.

Russia’s Nornickel, the world’s largest palladium producer and a major producer of high-grade nickel, said on Monday its third-quarter nickel production was 21% higher than in the previous quarter at 53,945 metric tons.

Japan’s JFE Steel Corp is in talks to buy a stake in the metallurgical coal business of Canada’s Teck Resources, two people aware of the development said, adding to the list of suitors that also includes miner Glencore.