CUSTOMS: China's Jan-Oct iron ore and concentrates imports totaled 1,060.554 million tonnes.

India held separate high-level talks with Russia and Ukraine on Monday as New Delhi seeks a more active role in efforts to end the war, ahead of a U.S.-brokered round of peace talks scheduled to begin Tuesday. Prime Minister Modi spoke with Ukrainian President Zelenskiy and offered India’s willingness to contribute to efforts to end the conflict, the government press office said. Foreign Minister Jaishankar spoke with Russian Foreign Minister Lavrov to discuss bilateral and global issues, the Russian foreign ministry said.

Huawei said it will hold an on-site trial launch for a new storage system on Nov. 12 in Yunshangtun, Gui'an, Guizhou, marking the technology's entry into joint real-world validation. Huawei said the Agentic AI era is driving explosive growth in warm and cold AI datasets and that traditional storage struggles to balance cost, power consumption and efficiency. The company said it has developed a new storage architecture that deeply integrates magnetic and electronic technologies to address warm/cold storage bottlenecks and support long-term preservation of massive datasets.