The move is aimed at ensuring cost reduction in highways construction using steel.

In December 2020, U.S. steel mills shipped 7,049,785 net tons, a 4.4 percent increase from the 6,753,447 net tons shipped in the previous month.

Tata Steel, an Indian steel producer, plans to double the steel capacity of its existing plants in Orissa and Jarkand to 40 million tons a year, the Economic Times reported.

For the construction of highways, the Modi government has allowed the usage of steel produced by secondary steel makers.

The export of South African coal to China is poised to continue while China decides not to buy Australian coal, Glencore CEO Ivan Glasenberg said during this week’s Glencore media conference.

The ferrochrome business of diversified mining and marketing company Glencore, which uses a substantial amount of electricity, is evaluating various clean energy projects, Glencore Alloys CEO Japie Fullard said during this week’s Glencore media conference.

Glencore's Full Year 2020 Production Report

ERAMET: 2020 FULL-YEAR RESULTS