The carbon-based import tariffs on high-polluting goods including steel backed by the European Commission will only impact China's steel industry in a minor way, despite all the pros and cons, Li Xinchuang, Chairman and Chief Engineer of China Metallurgical Industry Planning and Research Institute,

China Baowu Steel Group (Baowu), the world's largest steel group, has begun constructing a hydrogen-based shaft furnace at its Zhanjiang steelworks in South China's Guangdong province as part of its drive towards achieving carbon net-zero by 2050

Over February 10-16, the total volume of coke produced by the 230 Chinese independent coking plants under Mysteel's regular survey slid for the fourth week by another 9,500 tonnes/day on week to 496,000 t/d, a new low since late November 2021. The reduction was mainly due to slower coking operations

Carbon neutrality will bring profound changes to the global steel industry in that it will reduce steel demand, restructure demand, raise production cost, and erect “green” barriers in steel trading, Jiang Li, chief analyst of China Iron & Steel Association (CISA), remarked when presenting on July 2

The domestic steel industry is under pressure to cut production, while demand from downstream steel-consuming industries is likely to weaken too,” the association pointed out in the report. China has entered the traditional off season for steel consumption in summer when road freight and work on bui

On Monday, Mysteel PORTDEX 62% Australian Fines in Qingdao eased by Yuan 9/dmt ($1.4/dmt) from last Friday to Yuan 1,496/dmt FOT and including the 13% VAT. On the same day, MysteelSEADEX 62% Australian Fines rose by a tiny $0.3/dmt from Friday to $217.75/dmt CFR Qingdao.