The low utilisation of hot-rolled coil (HRC) quotas so far this quarter is testimony to low demand for imported tonnes at the start of this year.

The company's standalone capacity utilisation was 98pc during January-March compared with 93pc for the same period last year.

Over the past two years, Iran's steel industry has been developing, and has maintained tenth of the top steel producers in the world.

J&F to acquire Vale's center-west mines for $215m - report

BHP and Rio joint forces on Green Corridor for iron-ore

Australian Vanadium (ASX:AVL) BFS ‘confirms’ namesake project as globally significant producer

Altech Chemicals (ATC) has announced a significant increase in the mineral resource estimate (MRE) for its wholly-owned Kerrigan kaolin deposit in the West Australian Wheatbelt.

Zimbabwe mines see $10bn funding shortfall over five years