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One of the routes, linking China and Malaysia, will help build an efficient and low-cost maritime logistics channel.

Roach said he expects container rates to normalize later in the year after COVID-19 vaccines have been rolled out globally.

China Baowu Iron and Steel Group Co., Ltd. announced in Shanghai that it would achieve a historic breakthrough of over 100 million tons of steel per year.

The Ministry of industry and information technology will study and formulate relevant work plans to ensure the full realization of the year-on-year decline of steel production in 2021.

The very first "metal farms" are starting to appear in China and Europe, with Asian experts leading this imaginative and green-friendly technology.

The reading, released every 10 days, is based on a survey of nearly 2,000 wholesalers and distributors in 31 provinces and regions.

China will step up efforts in reducing steel production and set up a mechanism for the regulation of the remaining steel to reach goals for "carbon-peak" and "carbon neutralization".

AISI Applauds Action to Strengthen Buy American Requirements for Taxpayer Funded Projects.