JSW Steel reports 3% rise in November crude steel production, utilisations flat due to iron ore shortage

China's steel industry must adhere to high-quality development because it is faced with both opportunities and challenges due to domestic and external environment conditions.

Made by Panzhihua Iron and Steel in Sichuan province, the rails measure 100 meters in length each, and were transported to Fangchenggang port.

The first batch of steel rails made in China for use on Indonesia's Jakarta-Bandung high-speed railway was shipped on Saturday from the Guangxi Zhuang autonomous region.

China's steel industry should adhere to the dual-circulation development pattern and accelerate the establishment of a stable and efficient supply system for raw materials, industry experts said.

China's steel sector registered output expansion in the first 10 months of this year, industrial data showed.

The joint research center has already delivered great insights into the outlook of Rio Tinto's largest market.

The steel does not have to be painted, which saves maintenance costs.