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High-tech manufacturing shines as China's industrial profits exceed 6 trln yuan.

The HBIS Group, or Hebei Iron and Steel, paid about 200 million yuan ($29 million) to Vale, the largest producer and exporter of iron in the world, earlier this week.

North China's Shanxi Province recorded 144.69 billion yuan (about 20.75 billion U.S. dollars) in imports and exports in 2019, up 5.7 percent from the previous year, local customs authorities said Tuesday.

EUROFER announced that real steel consumption in EU fell by 1.6% YoY in the third quarter of 2019 and stood at 38.5 million tonnes.