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On a month-on-month basis, the CPI fell by 0.2 percent, compared with a 0.1 percent rise in October.

Broken down by districts, here’s production for the week ending December 3, 2022 in thousands of net tons: North East: 139; Great Lakes: 541; Midwest: 196; Southern: 684 and Western: 70 for a total of 1630.

In November, the largest steel import permit applications were for Canada (561,000 NT, down 11% from October final), Mexico (422,000 NT, down 38%).

China is making contributions to the FIFA World Cup finals that are underway in Qatar.

Brazilian miner Vale SA on Wednesday forecast that it would produce about as much iron ore next year as this year, and its shares fell more than 4% on the muted outlook and forecasts for steadily rising capital expenditure.

India has included iron and steel, chemicals, pharmaceuticals in an export incentive scheme, according to a government statement on Wednesday.

The index, which slowed for a third straight month, compared with a forecast for a 5.86% rise in November in a Reuters poll and followed October's 5.98% increase.

:Shipments of Chinese goods to Russia rose 17.9% year-on-year in dollar terms, slowing from 34.6% in October, but still marking the fifth monthly double-digit growth in a row, according to Reuters calculations based on Chinese customs data on Wednesday.