Wind and solar resources are unlimited given by nature, but equipment components generating the resources have their lifespan.

Over 19 percent of installed power grid capacity in Shanxi, the country's largest coal-producing region, comes from PV power, according to the State Grid Shanxi Electric Power Company.

Liberty Steel is closing one of the three ovens at its Ostrava site in Czechia and there is a growing expectation that the company may idle its last two operational blast furnaces in Europe in the coming months.

Normalized plate pricing also fell by $40/st to $1,730/st.

The company reported total iron ore sales of 3.54 million mt during the month, up 25 percent year on year.

Turkey-based Kaptan Demir Çelik (Kaptan lron & Steel), part of Kaptan Group, has started wire rod production at its new mill supplied by UK-based plantmaker Primetals Technologies.

China's green energy industry has been developed through continuous technology upgrades.

The rise in the share of installed capacity of clean energy has brought new opportunities to emerging industries such as photovoltaics, power batteries and new-energy vehicles (NEVs).