Brazil’s Gerdau buys out Sumitomo Corp and JSW in Gerdau Summit
The transaction is expected to close in early 2025.
Mongolia has resumed coal exports to China via the boarder point of Gashuun Sukhait, Chinese state media agency Xinhua reported on Tuesday, citing Mongolian finance minister.
Ulaanbaatar had suspended coal exports to China in February in order to prevent the spread of the coronavirus.
Mongolia expects to fully recover deliveries of coal to China soon, according to the Xinhua report.
(By Muyu Xu and David Stanway; Editing by Louise Heavens)
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