China's Australian coal import restrictions force the world's major importers and exporters to readjust the flow of coal.

Rio Tinto, the world's largest iron ore producer, expects to ship 340 million tons of the metal for steel in 2021.

By the end of 2020, the Ministry of Industry and Information Technology will openly solicit opinions on the "Guidance on Promoting High-quality Development of Iron and Steel Industry (Draft)" (hereinafter referred to as the "Opinions").

Rio Tinto, the world's largest iron ore producer, expects shipments of the steel-making metal to reach up to 340 million tonnes in 2021.

On January 15, the Shanxi headquarters of China Baowu Iron and Steel Group Co., Ltd. was opened in Taiyuan.

China's steel production in December 2020

The new guideline is part of efforts to align governance of climate change with environmental conservation.

In December, 2020, China produced 91.2521 million tons of crude steel, a year-on-year increase of 7.75%