Search

China Needs to Cut 2025 Steel Output to Meet Decarbonisation Target, Report Says

Wedoany.com Report-Jul. 22, China aims to reduce steel production from coal-powered blast furnaces by over 90 million metric tons from 2024 levels to meet its green steel objectives this year, accordi...

CATL, Zenith Steel Team Up to Advance Zero-Carbon Steel Industry

Wedoany.com Report-Mar 24, On March 20, CATL signed a strategic cooperation agreement with Zenith Steel Group Company Limited ("Zenith Steel") in Changzhou, Jiangsu, according to CATLs press release. ...

Chinese Steelmaker HBIS and Vale Sign MOU for Steel Decarbonisation

Wedoany.com Report-Mar 24, Chinese steelmaker HBIS Group has signed a memorandum of understanding (MOU) with Brazilian mining giant Vale to advance decarbonisation within the steel value chain. HBIS a...

China Announces Plans for Steel Output Cuts to Help Restructure Industry

Wedoany.com Report-Mar 5, China will restructure its giant steel industry through output cuts, although it did not announce any target in its most recent intervention to address overcapacity in the se...

China Must Cut 15% of Steel Capacity to Meet 2025 Climate Goals

Wedoany.com Report-Feb 26, "Chinas steel industry faces a critical challenge as the sector hits a steel glut, threatening to derail its growth momentum. Announcing a 15% production cut this year, the ...

Iron Ore Price Reverses to Losses as Weakening China Steel Consumption Drags

Wedoany.com Report-Dec 30,Iron ore futures prices fell on Thursday, reversing from earlier gains, with weakening downstream steel consumption dampening sentiment and investors hungry for clues on deta...

China’s 2025 Steel Demand to Fall 1.5% on Year, State Research Institute Says

Wedoany.com Report-Dec 27,China’s steel demand is forecast to fall 1.5% in 2025 and drop 4.4% in 2024 from the year before, the state-backed China Metallurgical Industry Planning and Research In...