The lab in Taiyuan, the provincial capital, was jointly built by the Shanxi provincial government, Huawei Technologies Co., Ltd., and two local enterprises.

Tata Steel, an Indian steel producer, plans to double the steel capacity of its existing plants in Orissa and Jarkand to 40 million tons a year, the Economic Times reported.

On a year-on-year basis, PPI rose 0.3% in January.

The campaign will last until the end of March.

In the early 1990s, from an aircraft descending into Beijing, I looked down upon a landscape of heavy industry stretching along a mountain-lined valley.

"Both countries have amazing smart people in the younger generation that would be proud to be part of this," Gates said.

From January to December 2020, China's total imports of steel products was 20.233 million tons.

In addition, expectations that the US dollar will further depreciate are adding to the buoyancy in the market, they said.