Volumes on the CME Group's north European hot-rolled coil (HRC) contract have already doubled compared to 2021.

JISPL's production plunged by 77pc on the year to 30,000t during July to September.

The Argus 62pc lump premium stood at 20￠/dry metric tonne unit (dmtu) on 30 September, the highest since June.

BHP is the only one of the big four Western Australian iron ore mining firms to operate major coking coal exporting facilities.

Steel shipments from US mills fell in August as the market continued to deal with declining prices.

US steelmaker Nucor is expecting to roll its first plate at its new Brandenburg, Kentucky, mill by the end of the year.

Japan and the US remained Vietnam's top two suppliers and accounted for 58pc of total imports in September.

The 2211 ferrosilicon contract price on ZCE closed at 8294 yuan per ton on October 21.