Cross-regional and cross-provincial power transmission hit a record high this summer as the country's economy further recovers.

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

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

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.

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.

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.

Without water, steelmaking would not be possible.