Chinese steel rebar and hot rolled coils futures jumped on Thursday, as demand for the most traded May deliveries are expected to recover from the weak consumption season.
Global wind power group Iberdrola and Swedish startup H2 Green Steel plan to build a vast renewable hydrogen plant on the Iberian peninsula to power the production of iron used to make steel with drastically reduced carbon emissions.
Chinese coking coal and coke futures gained more than 5% each on Wednesday, buoyed by supply concerns as coal imports from Mongolia were disrupted by the recent outbreak of the Omicron coronavirus variant.
The Baltic Exchange's dry bulk sea freight index on Wednesday rose for a fifth straight session to its highest in a month, as gains in panamax and supramax vessels offset a dip in the larger capesize segment.
Uganda and Democratic Republic of Congo launched joint air and artillery strikes in eastern Congo on Tuesday against an Islamic State-linked militia known as the Allied Democratic Forces (ADF), both countries said.