From January to December, China produced 1053 million tons of crude steel, with a year-on-year growth of 5.16%.

With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.

Its main imports from Australia last year included iron ore and natural gas, which took up 70.6 percent of the total Chinese imports from Australia.

The Ministry of Ecology and Environment issued a regulation on carbon emissions trading, along with an allocation plan for emissions quotas on Jan 5. The regulation and the plan will take effect on Feb 1.

China's coal imports bounced back in December as domestic demand for the fuel surged during the harsh early winter.

China has sent a strong signal that it will ramp up efforts to curb carbon emissions with a vow to include climate impact in the nation's environmental impact assessment.

The 2105 ferrosilicon contract price on ZCE closed at 7602 yuan per ton on January 18.

Recently, a number of iron and steel enterprises announced their business revenue and production in 2020.