The company did not provide a new figure. The guidance was previously revised downwards from an initial 10mn t.

Gladstone, DBCT, Hay Point and Abbot Point operated at a combined utilisation rate of just 75pc in 2019 and the distribution was uneven.

[Ferro-Alloys.com] Responded to market conditions to maintain the financial strength of our business by suspending the remaining US$121M of our current on-market share buy-back program and lowering FY20 sustaining capital expenditure guidance, including equity...

[Ferro-Alloys.com] SOUTH32 expected to complete the sale of its stake in its South African Energy Coal (SAEC) business to Seriti Resources in the December quarter, but the onset of the COVID-19 pandemic had delayed a review of the South African manganese smelt...

On a quarterly basis, steel demand would be a washout in the first quarter of this fiscal, given the pan-India lockdown that would hurt construction.

Keetac can produce about 6 million net st of iron ore pellets each year.

Pakistan’s International Steels profit plunged 72% to PKR 655.6 million in the nine month period ended March 31, 2020.

Coronavirus pandemic accelerating need for coal production cutbacks amid declining demand