Yantai Port in East China's Shandong province set a new world record in unloading efficiency after unloading an average of 12,438 tons of iron ore per hour from a single ship.

The China Tianjin Bulk Freight Index (TBI), an indicator of northern China's international bulk freight rates, stood at 830.12 points on Wednesday, up 1.71 percent compared with the previous working day.

China's steel sector registered notable output growth in July as the country's economic recovery consolidates, industry data showed.

Thanks to the implementation of supply-side reforms, the pattern of supply and demand in the steel sector in China has improved since 2016.

Xinjiang cuts over 30 bln kWh coal-fired power in new energy trade since 2016.

Move to spur industry consolidation and further boost supply-side reforms.

Foreign trade in North China's Hebei province rose by 6.3 percent year-on-year to more than 231 billion yuan ($33.4 billion) in the first seven months, customs statistics showed.

According to the report compiled by American Iron and Steel Association (AISI) based on the preliminary data published by US Census Bureau, the import volume of steel products of America was about 2.69 million short tons in July, an increase of 92% from a mon...