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In the week ending on October 17, 2020, US domestic raw steel production was 1,535,000 net tons while the capability utilization rate was 69.4 percent.

As the market enters the final few months of 2020, US flat-rolled steel mills sit in a much better position than they were just two months ago.

UK-Australian resources firm BHP is likely to spin out its thermal and lower-grade coking coal assets into a new firm, similar to the formation of South32 in 2015.

Australian coal producer New Hope is planning to cut 75pc of all corporate staff, including in its marketing and exploration sectors.

China's economy expanded by almost 5pc in the third quarter, continuing the country's recovery from its Covid-19 outbreak earlier this year.

Liberty Steel Group has submitted a non-binding indicative offer for ThyssenKrupp Steel Europe, the group said.

The World Steel Association (worldsteel) today released an update to its Short Range Outlook (SRO) for 2020 and 2021.

The Board of Members of the World Steel Association (worldsteel) has elected the following Executive Board of Directors for the 2020/2021 period.