A comparison of shipments for full year 2021 to full year 2020 shows the following changes: corrosion-resistant sheet and strip, up 18 percent, cold rolled sheet, up 15 percent, and hot rolled sheet, up 12 percent.

London-listed miners with Russia exposure slump

London-listed miners with Russia exposure slump

China's key steel hub policy set to lead to long-term decline in steel output

The African Energy Chamber estimates that Africa's power generation capacity should increase from the current 848.6 terawatts to 2,622 terawatts in 2040 in order to develop its economy.

"Iron ore prices could be pressured this year on lower output of China's crude steel and rising supply of overseas mines," said Zhu.

Mining industry progressing with energy transition to zero-emissions mines

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 155.0 million tonnes (Mt) in January 2022, a 6.1% decrease compared to January 2021.