‎ in the past week, the average price of purity iron ore dropped 62 percent of imports in China, as the market is on hold as the coronavirus rate in China increases. The average price went from $113 to $111.65 per ton CFR. ‎

Major Asian stock markets largely rose on Monday (December 26th) by the last week of this year.

Wood Mackenzie recently presented ten forecasts for 2023 in a new report, including that global oil demand growth will return, the issue of carbon emissions, use and storage will be addressed further, and developed countries will comply with the U.S. Deflation Act and increase support for low-carbon energy.

Trade turnover between Iran and the Economic Cooperation Organization’s member states reached 14.64 million tons worth $11.2 billion in eight months.

India produced 113.43 million tonnes of crude steel in January-November 2022, which is 10 per cent higher compared with the year-ago period. The government aims to double the country’s annual crude steel-making capacity to 300 MT from 150 MT at present.