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Market mechanism will promote proactive emissions reduction
The Ministry of Ecology and Environment issued a regulation on carbon emissions trading, along with an allocation plan for emissions quotas on Jan 5. The regulation and the plan will take effect on Feb 1. |
China's foreign trade with Australia down 0.1% in 2020
Its main imports from Australia last year included iron ore and natural gas, which took up 70.6 percent of the total Chinese imports from Australia. |
China's output of crude steel in 2020 was 1.053 billion tons, up 5.2% from the same period last year
According to the National Bureau of Statistics, in 2020, China's crude steel output exceeded 1 billion tons, reaching 1.053 billion tons. |
China's GDP exceeded 100 trillion yuan for the first time
China's GDP exceeded 100 trillion yuan for the first time |
NDRC: organize coal production according to the maximum capacity
Under the premise of ensuring safety, the coal production should be organized according to the maximum capacity. |
China's orders of new vessels regain the first place in 2020
The number of orders received by China's new vessels exceeded that of South Korea, and regain the first place in the world after two years. |
Bayi Iron and Steel: net profit is expected to increase 160.93% to 217.62% in 2020.
Recently, Bayi Iron and Steel issued the “2020 annual performance advance notice”(hereinafter referred to as “Notice”). |
Russia may impose export tariffs on some steel products
Recently, the Russian Federation of National Housing Builders complained to Russian Deputy Prime Minister Husnulin that Russian metal prices soared and steel prices rose 40 percent within a month. |
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![]() | February 2026 crude steel production |
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