This trend is expected to persist in the medium term, whereby domestic steel mills will directly benefit, VDSC said.

Leading steel manufacturer Hoa Phat Group sold nearly 4.14 million tonnes of steel in the first ten months of 2020.

Hoa Phat Steel said it shipped 62,700 tonnes of finished steel abroad in September, doubling the figure a year ago.

The Yarrabubba Project has demonstrated the ability to produce a premium high-grade iron-vanadium magnetic concentrate product which will reduce funding and implementation risk for the Gabanintha Vanadium Project.

The 2101 ferrosilicon contract price on ZCE closed at 5912 yuan per ton on November 5.

The UK steel industry can expect a less severe outcome from the second lockdown planned for England from Nov. 5.

China's benchmark power coal price rose slightly during the past week.

UN says climate science 'clear' as US withdraws from Paris Agreement