China has finally escaped from 2024, which was framed by downward economic pressure. The growth target set at the beginning of the year was achieved, and Beijing says China should not be overly concerned by the state of the economy. The steel industry may not agree. Weak consumption, intense competition, …

China currently dominates over half of the world's steel production, yet it has always felt it does not have sufficient influence over iron ore markets. Due to the low grade of its own iron ore resources, the predominance of small mines, and the difficulty of mining, China has developed a …

Chinese authorities finally on 8 November announced the long-awaited new economic support measures approved by the Standing Committee of the National People's Congress (NPC), with finance minister Lan Fo’an giving an analysis. The market had long been waiting for support at a time when the economy was getting tougher. However, …

China's steel industry is in its third consecutive year of decline in 2024, and there is little sign of a sustained recovery. Just as the overall demand of the industry has undergone structural changes during the downturn, the experiences of each steelmaker are also different. The overall downward trend cannot …