Factory output fell 4.6% in January from a month earlier on a seasonally adjusted basis, government data showed on Tuesday. The contraction was much larger than economists' median forecast of a 2.6% decline and followed an upwardly-revised 0.3% increase in Dec...

China-Australia economic and trade relations now have scope for improvement, so the two countries should strengthen their cooperation, China's Ministry of Commerce said on Thursday.

In the week ending on February 18, 2023, domestic raw steel production was 1,654,000 net tons while the capability utilization rate was 74.0 percent.

Shipments from the four largest iron ore producers in Western Australia's (WA) Pilbara rebounded in the week to 18 February from a two-year low the previous week.

Australian resources firm BHP and Japanese trading house Mitsubishi plan to sell the 12mn t/yr Blackwater and 2.5mn t/yr Daunia mines from their BHP Mitsubishi Alliance (BMA) joint venture in Queensland.

US steelmaker Nucor has raised its flat rolled steel prices by $100/short ton (st) and set a minimum target price of $1,000/st for hot rolled coil (HRC) products.

US steelmaker Nucor kept its plate prices flat last week in its latest price announcement for the products.

Traders associations, regulators and other market representatives have responded to the European Commission's consultation proposed power market reform.