Optimizing resource allocation move to help address homogeneous competition

Nation will promote the expansion of market step by step, senior official says.

AISI reported that steel import permit applications for the month of June totaled 2,722,000 net tons (NT)*.

Having registered stable growth in both revenue and profit in the first half of the year, China's central State-owned enterprises are expected to do an encore in the second half.

The world's largest carbon emission trading market was launched in Beijing, Shanghai and Wuhan on July 16, 2021.

China's value-added industrial output, an important economic indicator, went up 0.7 percent year on year in the second quarter of this year.

In the week ending on July 16, 2022, domestic raw steel production was 1,738,000 net tons while the capability utilization rate was 78.9 percent.

The American Iron and Steel Institute (AISI) reported that for the month of May 2022, U.S. steel mills shipped 7,910,730 net tons.