This week, the tender notices of steel mills released in succession, with the volumes up and the prices down as a whole.

Top 20 positions increased and decreased varied, the purchase volume is more than the holding position.

Vale said it plans a "coordinated exit" for its steel joint ventures, in an investor presentation this week.

India will remain the world's second-largest steel producer behind China after having overtaken Japan in 2018, it added.

India will remain the world's second-largest steel producer behind China after having overtaken Japan in 2018, it added.

Vietnam's consumption of steel products, especially colour-coated steel, declined in October while production continued to rise, according to the Vietnam Steel Association (VSA).

Vale said it plans a "coordinated exit" for its steel joint ventures, in an investor presentation this week.

The IIP decreased by an estimated 1.6 percent compared to last month.