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Integrated steelmaker Cliffs and electric arc furnace (EAF) competitor Nucor were both said to be offering at $750/st.

The company and Indonesian energy and mineral resources ministry could not be reached for comment.

Vale is a major global producer of iron ore, copper and nickel.

Quench and tempered and normalized plate pricing both stayed flat at $2,385/st and $1,730/st, respectively.

Vale is a major global producer of iron ore, copper and nickel.

The company and Indonesian energy and mineral resources ministry could not be reached for comment.

Port Hedland shipped 47.8mn t in August, up from 43.74mn t in July and 45.8mn t in August 2022, according to Pilbara Ports Authority data.

DCH Group acquired the mine from Evraz Group back in May 2017.