Currently, the South Korean steel major operates a 1.8-million-ton cold-rolled and galvanized mill in India along with four processing centers.

Meanwhile, domestic coal supply capacity will be enhanced in 2022 as relevant government departments increase production capacity, they said.

China State Shipbuilding Corp has delivered the first of a new type of bulk carrier to a buyer in Guangzhou, Guangdong province, the world's largest shipbuilder said.

BHP rolls out autonomous haulage at South Flank

China to raise jet fuel exports in Jan despite lower quotas, as domestic demand falls

In 2022, the medium- and long-term coal contract system will be further improved.

Inner Mongolia ranked first in China in terms of its coal delivery volume to other provincial-level regions last year.

Coal is Mongolia's main export commodity.