CHINA COMMERCE MINISTRY SAYS WILL PROVIDE MORE CONVENIENCE FOR FOREIGN BUSINESS PEOPLE TO CONDUCT BUSINESSES IN CHINA

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 139.1 million tonnes (Mt) in November 2022, a 2.6% decrease compared to November 2021.

Australia's marginal iron ore mining firms are preparing to restart operations in 2023, but realising stronger demand could add to the highly inflationary cost environment.

Japanese car manufacturer Nissan will start using green steel and aluminium sheet in production from January 2023 as part of the company's decarbonisation drive.

US steelmaker Nucor will build a new galvanizing line at its California rerolling mill.

Australia's energy transition is expected to broaden in 2023 with Canberra to unveil its electric vehicle (EV) strategy.

Australia has brought on 12.3mn t/yr of coking coal production capacity in Queensland this year.

Indonesian state-owned coal producer Bukit Asam has raised its 2023 output target to 40mn t.