However, iron ore imports during the period declined 2.4 percent to 784 million tons.

Adhering to green and intelligent development is fundamental to the healthy development of the steel industry in China, he said.

Frequent changes to the tariffs create uncertainty.

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China has been creating steel conglomerates and investing in new mills and cutting-edge technologies for the industry.

The World Steel Association (worldsteel) released its Short Range Outlook (SRO) for 2019 and 2020.

As coal accounts for a major part of China's energy consumption, efforts are needed to make scientific coal exploration plans.