Private construction was at a seasonally adjusted annual rate of $1.43tn, 0.6pc below the July estimate of $1.44tn.

Japanese automaker Honda expects to boost its North American production in the fourth quarter as access to auto parts improves.

Machine shop turnings price indications are expected to emerge later, but a sideways trend would leave prices at $130/gt.

The company's saleable iron ore production stood at 1.08mn t over the three-month period, while sales edged up by 2pc against the previous year, to 1.34mn t.

Indian private-sector producer Tata Steel's sales rose by 7.2pc on the year in July-September, despite monsoon-led seasonal weakness.

Peru’s mining exports fell in the first eight months, the first accumulated year-on-year drop in 2022.

SAO PAULO - Brazilian conglomerate Cosan said on Friday it had acquired a 4.9% stake in Vale and intends to increase its bet in the mining company.

This volume is only below what was recorded in September 2020, when Brazil exported 37.47 million tonnes for the month.