At the beginning of the New year, the company’s production and operation had a good start, creating a January profit of more than 100 million yuan good results.

Japan's domestic steel consumption drops by 13.6% in 2020

Encounter acquired full ownership of the Aileron rare earth project

U.S. steel scrap exports fell by 18.8% in December, and by 4.5% in 2020

The Chinese automotive market is growing rapidly, with customers' expectations increasing as they seek suppliers which can support their transition to low-emissions vehicles, said Lakshmi Mittal, chairman and CEO of ArcelorMittal.

China Baowu Steel Group Co Ltd, the world's largest steel conglomerate, was the outcome of reorganizations between several State-owned steel giants.

In addition, high profits have greatly stimulated the capacity expansion of overseas mines, and the supply of iron ore continues to increase.

Provincial congress hails success in poverty alleviation, plans economic transformation.