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US plate maker Nucor kept its plate prices for December flat.

Indonesian state-owned utility PLN last week targeted a cut to GHG emissions this year of 32mn t.

Its July-September production fell by 77pc from a year earlier to 30,000t.

HRC lead times in the Midwest increased to 4 weeks from 3-4 weeks.

Orion Minerals partners up at Okiep

Looking ahead, we believe economic growth will be a crucial priority for China, as the country has emphasized the importance of economic development, focusing on high-quality, balanced and inclusive growth.

Freight volume has seen stable monthly growth, with October hitting a high of 1.35 million tons, it said. Trade along the railway covers countries such as Laos, Thailand, Malaysia, Vietnam, Cambodia and Singapore.

The sentiment for finished steel prices continued to slide as the November scrap buy week was underway, according to the most recent S&P Global Commodity Insights US steel market participant survey.