Zhang said he believes China Baowu Steel Group, and Anshan Iron & Steel (Ansteel) and Benxi Iron & Steel (Bensteel) are potential M&A candidates.

These were major goals set in a development guideline jointly released by the Ministry of Industry and Information Technology, National Development and Reform Commission, and the Ministry of Ecology and Environment.

The coal storage in China's power plants reached 165 million tons, up 40 million tons year-on-year, the NDRC said.

Eskom CEO Andre de Ruyter says the power utility will sanction several general managers for underperformance at various power stations across the country.

China plans to increase iron-ore output, boost use of steel scrap

Eskom has a skills shortage, CEO says he won't accept underperforming executives

Bauba says joint circular on Raubex takeover offer to follow

Hoa Phat group to export 35,000 tonnes of HRC to Europe