China's consumption of steel products is expected to grow marginally next year.

$30.6b earmarked for mixed-ownership reform, cutting-edge technology.

The purchasing managers' index of China's manufacturing industry was 51.9 percent in December.

Chongqing Iron & Steel (Group)'s steel output broke through 7 million tons.

China will resolutely cut the output of crude steel and ensure it falls year on year in 2021, a senior official said .

Fiscal spending likely to focus more on public services to improve livelihoods.

METI predicts that Japan's crude steel output will reach 23.5 million tons in the first quarter of 2021.

The Federal Antimonopoly Agency of the Russian Federation has proposed to investigate billet and rebar and impose export duties to ease the sharp rise in local prices over the past month.