JSW's average capacity utilisation rose to 95pc during October compared with 89pc a year earlier and the highest since March this year when it was 96pc.

Shareholders back restart plans at Dolphin

Saldanha iron-ore terminal's air emissions licence renewed for five years

“We expect iron ore prices to find a floor around current levels,” ANZ Research wrote in a note.

A recent report states that the metals sector is set to continue its rebound from the effects of the covid-19 pandemic through 2022.

It added that it expected 2021 C1 iron ore extraction costs, which typically include only direct costs such as labor, to come to $19 per tonne.

Fitch Solutions lowers short-term iron-ore price forecast

Crude oil futures continue to rise as US EIA report suggests SPR release not required