The route will begin in Kashgar, in Northwest China's Xinjiang Uygur autonomous region, and pass through the mountainous terrain of Kyrgyzstan to reach Uzbekistan.

As one enters the gates of Pangang Group Xichang Steel and Vanadium Co Ltd, the steelmaking process is seamless — yet not a single worker is in sight.

Shanxi Coking posts net profit of RMB 239-286 million for 2024

Pig iron production reached 7.09 million tons, steel – 7.57 million tons, rolled products – 6.22 million tons

An Egypt-Qatar partnership is planning to build a $100 million iron and steel plant in Qena.

"Additionally, it has reduced the workforce required for positions by 40, significantly enhancing intrinsic safety levels," Hu said.

Global crude steel production is forecasted to increase modestly in 2025 over 2024 levels.

both India and Mongolia have been working on a trade route to supply copper and coking coal as Mongolia is a land- locked country, the sources said.