The two-story-high facility operates 24 hours a day to absorb residual gas and convert it into electricity.

Xi made the remarks while visiting a cold rolling mill of Bensteel Group in Benxi City, northeast China's Liaoning Province.

The MIIT plans to intensify efforts to promote the "two new" policies in 2025, Zhang said.

The association said that while steel demand is expected to continue decreasing this year, the rate of decline is likely to narrow.

The proportion of steel used in China's manufacturing industry increased to 50 percent in 2024.

Tivan achieves high-purity vanadium specification at Speewah Invitation forThe 21st China Ferro-Alloys International Conference

E25’s High-Purity Manganese Project Awarded Us$166m Grant Under U.S. Doe Grant Program Invitation forThe 21st China Ferro-Alloys International Conference

The exploration of new mines also yielded ample results.