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

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

Dr. Keyvan Jafari Tehrani, lron and Steel market analyst, in an interview with Pardazesh va Tolid: "Strategic planning is key to unlocking the full potential of lran's mining and steel sectors"

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

The former Biden administration extended the deadline for the two companies to abandon their merger plan to June 18, following a request from Nippon Steel.

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

Indonesia started to export steel products in the form of welded beams to New Zealand with a volume of 1,210 metric tons worth 1.5 million U.S. dollars on Wednesday.

Challenges and future of Ukraine's steel industry