Market participants say this would be feasible for the province because it is rich in coal and iron ore resources.

Most of the capital goods in China posted lower prices in late April compared with mid-April, official data showed Monday.

Australian enterprises eager to participate in 6th CIIE.

Hoa Phat steel sales hit 457,000 tonnes in April.

Market participants say this would be feasible for the province because it is rich in coal and iron ore resources.

These factors should lead to soaring steel demand in Q3 and Q4, Tuan said.

BHP is looking into initiatives to grow its iron ore production to 300 million tonnes per annum.

The head of diversified miner BHP, Mike Henry, has highlighted the massive investment required in the resources sector to meet global decarbonising efforts.