Hoa Phat Group produced over 6 million tonnes of crude steel in the first nine months of the year, matching its output from last year.

Thai steel manufacturers are planning to increase their domestic prices following a rise in operational costs.

Mining sector would be hardest hit by Transnet strike, says economist

Mining sector would be hardest hit by Transnet strike, says economist

Steelmaker Nucor is keeping its plate prices flat, just weeks after announcing lower pricing.

Integrated steelmaker US Steel is indefinitely idling a blast furnace at its Mon Valley Works in Pennsylvania.

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.

US steelmakers' attempts to correct the oversupply may be swamped by new capacity coming online.