A comparison of shipments year-to-date in 2023 to the first seven months of 2022 shows the following changes: hot rolled sheet, up 4 percent, cold rolled sheet, down 1 percent and corrosion resistant sheet, down 2 percent.

Indonesia has asked the United States to begin talks on a trade deal for critical minerals so that exports from the Southeast Asian country can be covered under the US Inflation Reduction Act, an Indonesian ministry said on Thursday.

Vale Base Metals has committed nearly $9-billion for investment in Indonesia, including for its development of high-pressure acid leaching (HPAL) plants for nickel, chief executive Deshnee Naidoo said on Thursday.

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

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

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.

De Tian Coking started production with its first coke oven on 28 August, with projected output for 2023 less than 1.3mn t.

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