Countries such as Brazil, China, India and South Africa have expressed concerns.

China will ensure high-quality implementation of the RCEP and accelerate the development of the China-ASEAN Free Trade Area 3.0, he added.

Jan-Nov two-way trade consistent with previous year on effective policy.

Brazilian iron ore miner Vale announced that it has officially inaugurated the world's first iron ore briquette plant at itsTubarao Unit in Vitória.

This landmark collaboration signifies a convergence of industry expertise, with both entities set to harness their strengths for mutual advancement.

As of 2022, Baosteel's parent company, Baowu Group, emerged as a global steel leader, producing a staggering 131.84 million metric tons of crude steel.

In a significant economic upheaval, ArcelorMittal South Africa, the continent's largest steelmaker, has announced the closure of its operations in Newcastle and Vereeniging.

JSW Steel USA Ohio Inc., a wholly-owned subsidiary of India's JSW Steel Limited, is embarking on a transformative journey with plans to raise $145 million in long-term debt funding.