Sales revenues of the enterprises reached 1.54 trillion yuan, up 52.28 percent compared with a year ago, showed the data.

The measures will go into effect on June 1, the ministry said.

The change in the environment has also improved the quality of local people's lives.

With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.

In the January-March period, crude steel output rose 15.6 percent year on year to 271 million tonnes.

Support is being given to peaking pioneers from localities, sectors and companies.

Market analysis says higher steel prices could also benefit decarbonization initiatives in the industry.

Export tariffs on ferrosilicon, ferrochrome, high-purity pig iron would be raised to 25 percent, 20 percent and 15 percent, respectively.