Zhang said he believes China Baowu Steel Group, and Anshan Iron & Steel (Ansteel) and Benxi Iron & Steel (Bensteel) are potential M&A candidates.

The coal storage in China's power plants reached 165 million tons, up 40 million tons year-on-year, the NDRC said.

Hoa Phat group to export 35,000 tonnes of HRC to Europe

China plans to increase iron-ore output, boost use of steel scrap

Eskom CEO Andre de Ruyter says the power utility will sanction several general managers for underperformance at various power stations across the country.

Bauba says joint circular on Raubex takeover offer to follow

Eskom has a skills shortage, CEO says he won't accept underperforming executives

Its revenue surged 65 percent to 150.8 billion VND.