UK-Australia resources firm Rio Tinto expects to benefit from an increased demand for metals and minerals needed to tackle climate change.

In 2021, US imports of HRC totaled 3.4mnt, with CRC imports at 1.71mn t and HDG imports at 2.69mn t.

From January to April 2022, South Korea imported 70642.00 tons of ferrosilicon (Containing by weight more than 55 % of silicon).

Industry ramps up efforts for technological upgrades, intelligent and green manufacturing transformation.

Efforts should also be made to ensure stable supplies and prices, he said.

Nucor is spending $3bn to acquire CHI Overhead Doors from investment fund Kohlberg Kravis Roberts, the company said.

The 2205 ferrosilicon contract price on ZCE closed at 8776 yuan per ton on May 19.

Japan's economy posted a contraction during January-March after a rebound the previous quarter, as the country's Covid-19 sub-emergency restrictions dented consumer spending and capped fuel consumption.