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The first export consignment is scheduled to leave the Chattogram port, some 242 km southeast of the capital Dhaka, on Nov. 21, the company said in a statement.

American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of October totaled 1,643,000 net tons (NT)*.

"Stable, green and sustainable raw material supplies is an important pillar for Chinese steel industry to improve competitiveness."

OM Holding Limited released its September 2020 Quarterly Production and Market Update recently.