According to Hoang Cuong, a local iron and steel dealer, since the beginning of this year, steel prices have increased seven times.

North American steel giant commissions steel rolls from Sheffield

Teck opted for coal split after mulling stake sale, partnerships

China’s steel demand is set to slow. That could dent iron ore prices by nearly 30%

China's steel industry is expected to remain stable in 2023, with demand likely to improve as the world's second-largest economy is on track for steady recovery this year, said an industry expert.

Shanxi's special steel industry is earning attention from investors and is expected to form an extended industrial chain.

Heilongjiang, China's Northernmost province, saw its foreign trade in goods grow by 30.7 percent year-on-year to 48.38 billion yuan ($7 billion) in first two months of this year, customs data showed.

Its exports totaled 48.44 billion yuan, up 3.6 percent year-on-year, while imports hit 38.23 billion yuan, up 14.4 percent, data from Shijiazhuang Customs shows.