SINGAPORE (Reuters) - China has issued fresh orders to slash capacity at steel and base metal smelters as it revamps its industrial sector, but the move could backfire and boost capacities instead as ...

China's steel exports are expected to reach a record high in 2024, driven by excess production and falling domestic demand. Analysts predict lower steel consumption in China for several more years, ...

China's steel exports will soon hit an eight-year high, before sweeping tariffs sink in and drag down the industry in 2025, industry watchers said. Strategists at Macquarie Group predicted that ...

China's steel exports have drawn criticism from multiple countries, including the U.S., EU, and India. China's steel industry struggles to balance supply and demand, leading to a decline in crude ...

SHANGHAI-- China Baowu and Rio Tinto have successfully completed industrial-scale pelletisation and shaft furnace trials in China using Rio Tinto’s Pilbara Blend iron ore, as part of their broader ...

The trials used a hydrogen-based shaft furnace to produce DRI from pellets containing one-third Pilbara Blend ore.

A launch ceremony on Tuesday celebrates the official start of operations for the first phase of a green smelting upgrade ...

China plans to restructure steel industry with output cuts No specific target given for steel output cut China's crude steel output down 5.6% between 2020 and 2024 Trade frictions cloud China's 2025 ...

China's economy continued to contract in September, according to official figures released today. The official purchasing managers' index (PMI) rose to a six-month high of 49.8 in September versus ...

President Biden will call to triple the current 7.5% China tariff rate on steel and aluminum imports. The White House has ramped up pressure on China to amend its trade practices, citing concerns of ...

Existing American tariffs already restrict steel and aluminum shipments from China, which is now flooding other markets with its exports instead. By Keith Bradsher Keith Bradsher, who started covering ...