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As the world's largest stainless steel producer and consumer, China saw its output rise 1.64 percent year-on-year to over 30.6 million tons in 2021.

Most of the capital goods monitored by the Chinese government posted higher prices in early August compared with late July this year.

For this year, mining exports could hit US$3.8bn, up 20% on 2021, Franco Mignacco, president of the Argentine chamber of mining entrepreneurs (CAEM), told state news agency Télam.

Technology Metals joins Canberra-backed R&D centre to boost vanadium battery tech

He urged steel enterprises to optimize technologies and engineering progress.

China's industrial performance continues recovery, despite marginal profits decline

Current futures market investment varieties generally cover the major fields of the country's economic development, such as nonferrous metals, iron and steel, and energy.

Peru's economy and finance ministry (MEF) has cut its GDP growth forecast for 2022 to 3.3% from the 3.6% forecast in April.