In Jiangsu, China's second-largest steel-producing province, a campaign to monitor energy consumption among industrial enterprises including steelmakers raised fears of further disruption in blast furnace operations.
The Rio de Janeiro-based company said it’s targeting production capacity of 370 of million tonnes next year, compared with a previous 400 million tonnes goal.
China's imports of major commodities appeared to show signs of strength in August, but the gains in volumes are more nuanced and illustrate the difference between a short-term view and longer-term fundamentals.
New draft laws put greater emphasis on agreement between Indigenous groups and developers, but the government retains the final decision in heritage disputes.