As of 2022, Baosteel's parent company, Baowu Group, emerged as a global steel leader, producing a staggering 131.84 million metric tons of crude steel.

In a significant economic upheaval, ArcelorMittal South Africa, the continent's largest steelmaker, has announced the closure of its operations in Newcastle and Vereeniging.

This landmark collaboration signifies a convergence of industry expertise, with both entities set to harness their strengths for mutual advancement.

South Korea unveiled a 38 trillion won ($29 billion) financial package over the next five years aimed at helping local electric-vehicle battery makers diversify their supply chains as the US calls for a reduced reliance on China.

China's State Council on Thursday published an action plan to improve air quality amid the country's effort to promote high-quality economic development.

In a landmark move, China has escalated its efforts to combat air pollution by imposing a sweeping ban on new steel plants.

Shares in Thyssenkrupp have experienced a dip following the news, with concerns about potential financial contributions deterring some investors. A key challenge is the 2.6 billion euros in steel-related pension liabilities, a stumbling block in negotiations w...

Most capital goods monitored by China's statistical authorities reported lower prices in late November compared to mid-November, official data showed.