“We don’t expect this to drag on much longer than a couple of months,” he anticipated.

Prices across Europe's ferro-chrome suite extended their losses on 5 July, as offers for imported alloy put additional downside pressure on the depreciating market.

In China, an enterprise with annual revenue of more than 20 million yuan ($2.99 million) is deemed relatively large.

Erected on seawater, an array of photovoltaic panels glow in the sun while fishermen paddle between them.

Energy efficiency in sectors including iron and steel, petrochemicals, non-ferrous metals and building materials will have reached an internationally advanced level by then, according to the plan.

SOEs' construction of residences, roads, grids seen speeding up development

Erected on sea water, arrays of photovoltaic panels glow in the sun while fishers paddle in the interspace.

In the week ending on July 2, 2022, domestic raw steel production was 1,767,000 net tons while the capability utilization rate was 80.9 percent.