The company has started the production of final product, hot-rolled coils, from the Nagarnar plant in Chhattisgarh.

Normalized plate pricing also fell by $40/st to $1,730/st.

Over 19 percent of installed power grid capacity in Shanxi, the country's largest coal-producing region, comes from PV power, according to the State Grid Shanxi Electric Power Company.

Liberty Steel is closing one of the three ovens at its Ostrava site in Czechia and there is a growing expectation that the company may idle its last two operational blast furnaces in Europe in the coming months.

The company reported total iron ore sales of 3.54 million mt during the month, up 25 percent year on year.

Turkey-based Kaptan Demir Çelik (Kaptan lron & Steel), part of Kaptan Group, has started wire rod production at its new mill supplied by UK-based plantmaker Primetals Technologies.

From January to July, the province's trade with countries along the Belt and Road rose 9.8 percent year-on-year to 116.23 billion yuan.

The rise in the share of installed capacity of clean energy has brought new opportunities to emerging industries such as photovoltaics, power batteries and new-energy vehicles (NEVs).