Hot dipped galvanized sheet and strip, down 7 percent, hot rolled sheet, down 9 percent and cold rolled sheet, down 10 percent.

This was a 32.6% increase from the 2,052,000 permit tons recorded in February and a 43.2% increase from the February final imports total of 1,900,000.

Although China saw rapid development of the solid waste management and recycling sectors, it still faces great challenges, Song said.

"These efforts would result in a big cut to emissions—which would be amplified by synchronization across markets," she said.

Recently, at the meeting of Fujian entrepreneurship day, Chen Qingke, President of Fujian qingtuo group, as the representative of stainless steel industry chain, made a speech with the theme of "striving to build a world-famous stainless steel city".

The idled coal mine in Australia is expected to be restarted from July 2021

The Wonmunna iron ore project is an open-pit, direct-shipping iron ore (DSO) project by Minerals Resources Limited (MRL) in the Pilbara region of Western Australia.

Research agency Fitch Solutions expects production, capital expenditure (capex) and profitability in the mining industry to improve this year as commodity prices are soaring, while economies are recovering and vaccines are rolled out.