After almost 52 years of operation, the Liddell Power Station, located in the Australian state of New South Wales(NSW), was powered down on Friday.

The complex is expected to advance the regional steel industry ecosystem with an estimated annual production capacity of up to 1.5 million tons.

IMPALA Platinum (Implats) said refined platinum group metal (PGM) production would come in at the lower end of its three to 3.15 million ounce forecast for the 2023 financial year ended June 30 largely owing to power interruptions.

Indian bread and biscuits maker Britannia Industries Ltd on Friday reported a bigger-than-expected 47% jump in quarterly profit as strong demand and past price hikes helped expand margins.

Renewable energy use, low season, curbs on inflows, green drive factors.

China's raw coal output posted stable expansion in March, official data showed.

All these factors will support a surge in steel consumption in the third and fourth quarters of this year, the VSA added.

The figure dropped by 1.4 percentage points from the previous quarter, according to the National Bureau of Statistics.