Our industry’s history in many ways reflects the societies in which we operate, and since the industrial revolution, iron and steel production has been powered by coal.

“Sustainability is everything we’re about,” says Smith, “we’re always looking to use materials which can be fully recycled.”

By not setting specific economic targets for the next five years, China has unleashed greater flexibility to achieve sustainable growth and meet its carbon reduction goals, a UN official said.

The prices of iron ore, copper ore and soybean rose 53.5 percent, 28 percent and 11.1 percent in the first quarter.

Shenyang, capital of Liaoning province, has prioritized scientific and technological innovation in the city's high-quality development, local officials said.

The issuing value of the bond is 500 million yuan ($76.5 million) with a term of five years. More than 70 percent of the money raised will be used for projects to reduce carbon emissions.

Of the 50 major goods monitored by the government, including seamless steel tubes, gasoline, coal, fertilizer and some chemicals.

At present, the stainless steel project office building and No.1 Workshop of Jiangsu Fengwang stainless steel material science and Technology Development Co., Ltd. have been completed.