Down 3.9 Percent YTD in 2024 from Same Period in 2023.

AISI: US Raw Steel Production in the Week ending on August 3, 2024.

Finished Import Market Share YTD at 23%.

China to overhaul electricity system for green growth, energy security.

Zhang noted that while people earlier used baskets and mules to transport coal, mechanization and intelligent systems have since been introduced.

Meanwhile, crude oil production declined by 2.6 percent, and petroleum refinery production fell by 1.5 percent.

Speaking shortly after the agreement was signed, Biteko said the project is expected to boost the country's economic growth through industrial development.

In the January-July period this year, China's iron ore imports reached 713.774 million mt, up 6.7 percent year on year.