During the period, China imported a total of 669 million tons of iron ore, up 6.9 percent from the same period last year, according to the data.

China's green energy industry has been developed through continuous technology upgrades.

The figure is an increase of 14.09 percent from the same period in 2022, said CGN Power, which runs 27 operating nuclear power units.

AISI: US Raw Steel Production in the week ending on August 26, 2023.

Finished Import Market Share YTD at 22%.

In 2024, China will see the value-added of the iron and steel industry expand about 4 percent, according to the document.

For his part, Demchenko confirmed the company's keenness to invest in the Egyptian market.

Iron-ore major Fortescue has reported record shipments during the 2023 financial year, while also announcing the departure of CEO Fiona Hick only six months after her appointment.