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.

PwC report says pandemic's waning boosts new development paradigm, corporate deals.

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

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

Low-carbon & green strategy will become the biggest challenge affecting the survival and development of the iron and steel industry.

Chinese exporters suffer from extreme shortage and rising costs of shipping containers, which strand in America and Europe due to the COVID-19 pandemic.

Chongqing Iron and Steel's striding forward to a scale of over 10 million tons.

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