Xi made the remarks while visiting a cold rolling mill of Bensteel Group in Benxi City, northeast China's Liaoning Province.

The MIIT plans to intensify efforts to promote the "two new" policies in 2025, Zhang said.

India's Tata Steel Limited and Indian government-run design, engineering consultancy firm MECON have signed a business collaboration agreement

Tropical Cyclone Sean made itself known in Western Australia last week, delivering record rainfall along the Pilbara coastline.

Dr. Keyvan Jafari Tehrani, lron and Steel market analyst, in an interview with Pardazesh va Tolid: "Strategic planning is key to unlocking the full potential of lran's mining and steel sectors"

Shares of Australia's Fortescue slipped on Thursday to a one-week low as it posted a marginal rise in its second-quarter iron-ore shipments, largely in line with market expectations for the period.

The proportion of steel used in China's manufacturing industry increased to 50 percent in 2024.

The association said that while steel demand is expected to continue decreasing this year, the rate of decline is likely to narrow.