Efforts will be made to strictly control new production capacity in heavy and chemical industries, and cut crude steel output to ensure it falls year after year, Xiao said.

Zhang received a combined subsidy of nearly 3,000 yuan ($465) from the Hefei government and the company to stay put during the holiday.

Major steel producers churned out 22.82 million tons of crude steel in mid-February.

To facilitate the green upgrade of various sectors, more green finance stimulus packages are expected.

Nippon Steel Corporation, which is based in Japan, said that under its new five-year plan, it would reduce crude steel capacity by 20% by 2025, close its blast furnaces to cope with falling domestic demand and aim to help the country achieve its goal of net ze...

U.S. steel production capacity is insufficient to meet the needs of local manufacturing

Water resource management is an important part of the sustainable development of the iron and steel industry, and the level of water resource management will directly affect the image of the iron and steel industry.

The publication of a national hydrogen strategy has been identified by the International Renewable Energy Agency (Irena) as the crucial first pillar in an evolving four-pillar policymaking toolbox for countries that are either planning to export or import gree...