"As one of the first national demonstration cities for 5G, Urumqi has provided a primary ecosystem for the commercialization of the network," Yasen said.

Those expecting a boost in Chinese imports of iron ore as happened following the global financial crisis were disappointed.

Croatian PM happy with progress of Peljesac Bridge construction.

SOEs' reform will help govt focus on innovation, tech-driven growth, experts say.

CIS export slab prices have continued to climb in the second half of May, supported by Turkish customers accepting higher-priced deals.

The Singapore rebar import market is still experiencing limited spot trading despite the gradual restart of the domestic construction industry.

Eastern China (Shanghai): 3,520-3,550 yuan ($493-498) per tonne, down by 20 yuan per tonne.

Steelmaker ArcelorMittal is to receive a €75 million ($82 million) loan from the European Investment Bank (EIB) to be used on its projects intended to reduce carbon emissions.