China

Development and Reform Commission introduces "six modernization" tools for provincial iron and steel industry

Officials in Joe Biden's administration are weighing whether to eliminate some tariffs on Chinese goods or, conversely, impose others

Emissions prices and taxes in the region are well below levels estimated to significantly affect polluters

In the first 7 months of the year, steel import to China decreased by 3.4%

The new structure will be able to coordinate the financial resources of enterprises, state institutions and banks

Military exercises are taking place along the busiest sea routes on the planet

The deal amounted to 4.26 billion yuan ($630 million)

Declining steel production is a new global trend

Against the backdrop of the development of electric steelmaking in the country, scrap processing capacities will increase by 30 million tons

The Purchasing Managers' Index expectations in the steel industry in China in July fell by another 3.2 percentage points.

Also, a number of enterprises for the same reasons stopped their blast furnaces

During the same period, the company's operating revenue amounted to $73.6 billion.