Made by Panzhihua Iron and Steel in Sichuan province, the rails measure 100 meters in length each, and were transported to Fangchenggang port.

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The joint research center has already delivered great insights into the outlook of Rio Tinto's largest market.

The steel does not have to be painted, which saves maintenance costs.

China's steel sector registered output expansion in the first 10 months of this year, industrial data showed.

The 2101 ferrosilicon contract price on ZCE closed at 6682 yuan per ton on December 7.

China's steel industry should adhere to the dual-circulation development pattern and accelerate the establishment of a stable and efficient supply system for raw materials, industry experts said.