Through its subsidiary, Dinson Colliery, Tsingshan is building a 300,000 tons per year coking plant, the largest and most advanced coke oven in Zimbabwe.

China's foreign trade expanded 28.5 percent year-on-year to 11.62 trillion yuan ($1.8 trillion) in the January-April period.

To be sure, stripping the industry of its overcapacity will help it to reshape itself, so as to align with the country's pursuit of high-quality development.

The 2109 ferrosilicon contract price on ZCE closed at 7966 yuan per ton on May 17.

The 2109 ferrosilicon contract price on ZCE closed at 7966 yuan per ton on May 17.

China's national-level carbon emissions trading system is expected to be a significant lever for the steel industry's carbon emissions reduction and structural optimization, experts said.

China's national-level carbon emissions trading system is expected to be a significant lever for the steel industry's carbon emissions reduction and structural optimization, experts said.

The company's order intake increased by 14 percent year-on-year and reached 8.6 billion euros.