Rio Tinto has committed to invest $10 million with the world's largest steel producer China Baowu Steel Group over the next two years in low-carbon steelmaking projects and research, the company said.

Rio Tinto has committed to invest $10 million with the world's largest steel producer China Baowu Steel Group over the next two years in low-carbon steelmaking projects and research, the company said.

China's high-speed railway products, tech and standards receive international acclaim.

Chinese yuan appreciated over 2% since last week, and the trend is upward further, and today almost broken 6.4yuan by one dollar. Why ?

In 2020, the carbon emission reduction targets of global steel and upstream and downstream related industries will be clearer, the pace will be more solid, and the results will be more fruitful.

Since November this year, iron ore prices have entered a period of accelerated rise.

Affected by coronavirus pandemic, the global steel and upstream and downstream enterprises have been cut down since early 2020.

In 2020, coronavirus epidemic situation and the international situation changed, and the global steel enterprises have made some strategic adjustments.