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China's steel exports in October rose by 5.2pc from September to 4.04mn t as Chinese mills shifted supplies to overseas markets with falling domestic prices.

January-October imports rose by 73.9pc from a year earlier to 17.71mn.

Iranian steel producers exported 2.358 million tons of steel ingots and products during the first six months of the current Iranian calendar year (March 20-September 21), IRNA reported.

China's steel sector registered output expansion in September as the country's economic recovery maintains momentum, industrial data showed.

U.S. imported a total of 1,255,000 net tons (NT) of steel in September 2020.

Our society faces pressure on long term sustainability from many sources.

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.

Steel inventories at member mills of the China Iron & Steel Association (CISA) and in the spot market both increased in early October.