One of the routes, linking China and Malaysia, will help build an efficient and low-cost maritime logistics channel.

Roach said he expects container rates to normalize later in the year after COVID-19 vaccines have been rolled out globally.

The reading, released every 10 days, is based on a survey of nearly 2,000 wholesalers and distributors in 31 provinces and regions.

China will step up efforts in reducing steel production and set up a mechanism for the regulation of the remaining steel to reach goals for "carbon-peak" and "carbon neutralization".

The very first "metal farms" are starting to appear in China and Europe, with Asian experts leading this imaginative and green-friendly technology.

German crude steel production drops by 10% in 2020

Colombia shows a year-on-year increase in crude steel production in the last two months of 2020

Owner of Angola's Longonro Rare Earth Project will build a rare earth processing plant in the UK