Shares of Australia's Fortescue slipped on Thursday to a one-week low as it posted a marginal rise in its second-quarter iron-ore shipments, largely in line with market expectations for the period.
The former Biden administration extended the deadline for the two companies to abandon their merger plan to June 18, following a request from Nippon Steel.
Indonesia started to export steel products in the form of welded beams to New Zealand with a volume of 1,210 metric tons worth 1.5 million U.S. dollars on Wednesday.