The output of ferrochrome and stainless steel dropped in 2020.

The carbon intensity of the UK power sector reached its highest level in over a year in January.

The company plans to produce up to 160000 tons of new products from the second half of 2022.

Brazilian mining firm Vale said it expects to achieve iron ore production capacity of 350mn t/yr this year, up by 8.7pc from a year earlier.

The increase took overall shipments for the last year to 407mn, slightly higher than a government-set target for the year of 400mn t.

In one of the most challenging engineering projects ever undertaken, Chile is building a unique steel-built suspension bridge near the site of the strongest earthquake ever recorded.

"[Rail operator] Transnet Freight Rail (TFR) is cancelling many trains," said one supplier.

"[Rail operator] Transnet Freight Rail (TFR) is cancelling many trains," said one supplier.