The electric arc furnace (EAF)-based steelmaker announced the price decrease in a letter to customers on 29 November.

Community Union has written to UK prime minister Rishi Sunak urging him to "back Britain's steel industry".

North American steelmakers Nucor and ArcelorMittal Dofasco have joined others in raising sheet prices.

Despite this, the industrial structure of profits continue to improve, with the equipment manufacturing industry registering a rebound in profits for six consecutive months.

German automakers Mercedes-Benz and BMW sign up to use eco-friendly materials.

Hong Kong architectural engineering company So Li Ah has witnessed the local construction industry's long boom.

Diversified miner Rio Tinto has set out its production growth and decarbonisation targets in an investor seminar.

As legacy technologies fail to keep up with the growing demand for advanced mining activities for increased outputs and greater profits, management consulting company GlobalData believes artificial intelligence (AI) can help.