China's industrial output, an important economic indicator, rose 24.5 percent year-on-year in the first quarter of this year, as the country's industrial production rebounded steadily, according to the National Bureau of Statistics on Friday.

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

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

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.

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

The World Steel Association (worldsteel) released its Short Range Outlook (SRO) for 2021 and 2022.

The World Steel Association (worldsteel) has recognised 9 companies as Steel Sustainability Champions for their work in 2020.

The World Steel Association (worldsteel) today announced the new World Champions of the 15th steelChallenge.