China's consumption of steel products is expected to grow marginally next year.

The steel giant is going to pursue latest technologies and innovation and emerge as the global steel industry leader, said its chairman.

It started construction on Aug 16 with an area of 6,500 square meters.

The 10 projects involve total investment of about 13.56 billion yuan and will be developed into 513,000 square meters of gross floor space.

According to data recently released by China Iron and Steel Industry Association, from January to November, China produced 961 million tons of crude steel, with a year-on-year increase of 5.50%; 813 million tons of pig iron, with a year-on-year increase of 4.1...

METI predicts that Japan's crude steel output will reach 23.5 million tons in the first quarter of 2021.

The 2105 ferrosilicon contract price on ZCE closed at 6656 yuan per ton on January 4.

As of December 29, China Baowu Masteel ironmaking plant has completed the production of 14505310 tons of hot metal and 14.4 million tons of annual production ahead of schedule.