As of 2022, Baosteel's parent company, Baowu Group, emerged as a global steel leader, producing a staggering 131.84 million metric tons of crude steel.
Shares in Thyssenkrupp have experienced a dip following the news, with concerns about potential financial contributions deterring some investors. A key challenge is the 2.6 billion euros in steel-related pension liabilities, a stumbling block in negotiations w...
China's State Council on Thursday published an action plan to improve air quality amid the country's effort to promote high-quality economic development.
Both sides aim to strengthen ICT technology innovation and advance application discovery in industrial digitalization and intelligence, promoting business development and product diversification.