The Vietnam Steel Association (VSA)’s member enterprises suffered a strong reduction in production and business in the first quarter of this year due to the COVID-19 pandemic.

Indian state-run steel maker RINL has shut down two blast furnaces at its Visakhapatnam plant.

Integrated steelmaker ArcelorMittal is taking a planned outage at one of the blast furnaces at its Burns Harbor mill.

BHP is one of the world's largest exporters of iron ore and hard coking coal. It also ships thermal coal and copper.

Overall Russian coal output fell in the first quarter of this year, but some coking coal mining firms raised output.

Gladstone, DBCT, Hay Point and Abbot Point operated at a combined utilisation rate of just 75pc in 2019 and the distribution was uneven.

The company did not provide a new figure. The guidance was previously revised downwards from an initial 10mn t.

Pakistan’s International Steels profit plunged 72% to PKR 655.6 million in the nine month period ended March 31, 2020.