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.

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.

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

Australian Vanadium Ltd's (ASX:AVL) (OTCMKTS:ATVVF) (FRA:JT71) speaks to Proactive's Andrew Scott after signing a non-binding Memorandum of Understanding with US Vanadium LLC in relation to offtake from the Australian Vanadium Project in Western Australia.

The 2101 ferrosilicon contract price on ZCE closed at 6682 yuan per ton on December 7.

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.

The joint research center has already delivered great insights into the outlook of Rio Tinto's largest market.

The steel does not have to be painted, which saves maintenance costs.