The strong economic data boosted sentiment even further in the iron ore market.

China's benchmark power coal price rose slightly during the past week.

Among them, the number of outbound trains during the period was 1,023, up 54.3 percent year-on-year, while 1,135 inbound trains were recorded, up 52.6 percent, according to China Railway Hohhot Group.

JSW Steel reports 3% rise in November crude steel production, utilisations flat due to iron ore shortage

Made by Panzhihua Iron and Steel in Sichuan province, the rails measure 100 meters in length each, and were transported to Fangchenggang port.

The first batch of steel rails made in China for use on Indonesia's Jakarta-Bandung high-speed railway was shipped on Saturday from the Guangxi Zhuang autonomous region.

China's steel industry must adhere to high-quality development because it is faced with both opportunities and challenges due to domestic and external environment conditions.

China's steel industry should adhere to the dual-circulation development pattern and accelerate the establishment of a stable and efficient supply system for raw materials, industry experts said.