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The company has started the production of final product, hot-rolled coils, from the Nagarnar plant in Chhattisgarh.

Liberty Steel is closing one of the three ovens at its Ostrava site in Czechia and there is a growing expectation that the company may idle its last two operational blast furnaces in Europe in the coming months.

Normalized plate pricing also fell by $40/st to $1,730/st.

The company reported total iron ore sales of 3.54 million mt during the month, up 25 percent year on year.

Nigeria to Establish State-backed Corporation to Attract Investments in Mining Sector

AISI: US Raw Steel Production in the week ending on August 26, 2023.

Finished Import Market Share YTD at 22%.

Indonesia’s mining quota distribution has been delayed having reverted to an older approval process due to an ongoing investigation into illegal mining, a senior official said on Monday, assuring there was sufficient nickel ore for smelters.