China imported 91.61 million mt of iron ore and its concentrate in October, a decrease of 4.2% from the previous month and a year-on-year decrease of 14.1%, according to the online query platform for customs statistics.

Vale generated cash flow of $7.765 billion in the third quarter, an increase of $1.238 billion from the second quarter, according to the third-quarter financial performance report issued on October 28.

Affected by the dual control of energy consumption and the power rationing policy, a steel mill in Guangxi will reduce its hot rolled coil output by about 30% in October, and the same proportion of customer orders for the month will be adjusted.

China's import volume of unwrought copper and copper semis in August were 393,900 mt, a year-on-year decrease of 41.07%, and a month-on-month decrease of 7.2%. The imports from January to August were 3.61 million mt, a year-on-year decrease of 15.4%.

This is a roundup of news in the steel industry for last week.

The steel industry plays an important role in leading global low-carbon development and addressing climate change under the carbon neutrality target. And as traditional processes are reaching their carbon reduction limits, the steel industry must achieve breakthrough technologies in order to realise this target. In the future, hydrogen metallurgy will become the new windfall for the steel industry. This article will giver an overview of the key cooperation projects between international mines and China steel companies in the field of low carbon technology.

According to Aluminum Association of India (AAI), most smelters are facing a shortage of electricity.

Indian government will sell copper mines with an annual output of 200,000-300,000 tonne in 2 years.

India has released a notice to ask Bharat Aluminium to shut down its 1200MW coal plant in Korba region of this province.

Prices for domestic ore in China’s iron ore market are expected to rise this week, Shanghai Metals Market predicts.