Open interest on the CME Group's north European hot-rolled coil contract hit another record level on Tuesday, as daily traded tonnage also reached a new high.

CMC recycles and manufactures steel and metal products at its facilities in the US and in Poland.

The fall in premiums has not come as a surprise as weak demand continues to delay settlements for third-quarter pellet premiums, particularly among Japanese mills.

The 2210 ferrosilicon contract price on ZCE closed at 7642 yuan per ton on September 1.

North China-based facility to provide clean power to nearby enterprises.

However, success has come at a cost－high carbon emissions.

Among 21 surveyed manufacturing sectors, 12 sectors saw an improvement in PMI reading in August.

An analyst said green hydrogen will play an important role in interconnecting renewable energy and decarbonization within industrial systems.