The head of Italian equipment and engineering company Danieli said the company had signed a collaboration deal with China's HBIS.

They will also cooperate in bonded-area operations and trade and jointly build an iron ore blending and distribution center in northeast Asia, according to the MOU.

China Taiyuan coal transaction price index stood at 125.91 points Monday, up 0.73 percent week on week.

Experts expect construction related to key projects to buoy industry's prospects.

Cutting the use of coal is one of the province's key measures to promote environmental conservation.

In the first 8 months, China's crude steel production accounted for 58% of the world's total, and demand for steel production increased significantly.

People often ask me what Chinese steel companies are doing to reduce the steel industry’s impact on the environment.

Without water, steelmaking would not be possible.