[Ferro-Alloys.com] China's steel production is set to decline significantly in the latter half of 2019 after reaching a record high in the first half, Fitch Ratings says in its latest report.
Crude steel and steel-product output rose 9.9 percent and 11.4 percent to 492 million tons and 587 million tons, respectively, in the first six months, the ratings agency cited data from the National Bureau of Statistics.
China Taiyuan coal transaction price index stood at 136.71 points Monday, down 0.34 percent week on week.
The index, released by China Taiyuan Coal Transaction Center (CTCTC) based in Shanxi, a coal-rich province, reflects the coal price levels and changes in the main production areas of China. It is published every Monday.
China's coal output growth hit a three-year high in July, thanks to surging power consumption in summer and accelerating steel production driven by infrastructure construction.
Chinese researchers have developed a system for the treatment of coking wastewater from large-scale industries with lower costs and higher efficiency.
Based on the idea of whole-process pollution control, researchers from the Institute of Process Engineering, Chinese Academy of Sciences, lowered the cost of coking wastewater treatment by 20 percent in their new system, and achieved stable and efficient removal of toxic and polluting particles.