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The World Steel Association’s recently released “World Steel Statistics for 2021” shows that the global crude steel output in 2020 is 1.878 billion tons, an increase of 0.5% year-on-year, and the compound annual growth rate of crude steel output from 2015 to 2020 is 3.0%. From the perspective of steelmaking technology, in 2020, the global…

The new crown pneumonia epidemic in 2020 has caused a complete setback of the global economy. After achieving good results in the fight against the epidemic, China has become the only growth driver of the global economy, and has driven the development of the global metal mining industry with more than half of the world’s…

On February 2, the National United Metallurgical Chamber of Commerce held a meeting to promote the high-quality development of private steel. China proposed to achieve the peak of carbon emissions in 2030 and achieve carbon neutrality in 2060. Iron and steel enterprises are the industry with the largest carbon emissions among the 31 manufacturing sectors, accounting…

According to statistics from the World Iron and Steel Association, global crude steel production reached 1.864 billion tons in 2020, a year-on-year decrease of 0.9%. Among them, China’s crude steel output reached 1.053 billion tons, an increase of 5.2% year-on-year, accounting for 56.5% of global crude steel output. India’s crude steel output was 99.6 million…

In December 2020, the overall customs clearance time for imports and exports across the country was 34.91 hours and 1.78 hours respectively, a year-on-year decrease of 1.82 hours and 0.95 hours, respectively, and a reduction of 64.2% and 85.5% respectively from 2017. On the premise of respecting the independent choice of enterprises for customs clearance,…

On January 22, 2021, the Shanghai Container Freight Index (SCFI) showed that the composite index fell 16.05 points to 2868.95 points for the first time in three months, a decrease of 0.6% from the previous week. In general, China’s export container shipping market was generally stable this week, with transportation demand remaining at a relatively…

The British Kabanga Nickel Mining Company has signed a framework agreement with the Tanzanian government to develop the world’s largest battery grade nickel sulfide deposit in the northwest of the country. As part of the cooperation, the two parties established a joint company called Tembo Nickel, which will mine, process and refine Type 1 nickel…

According to a report from Japan’s “Sankei Shimbun” on January 17, 2021, Japan, the United States, Australia, and India have begun to strengthen cooperation in the field of rare earths and rare metals in order to obtain stable supplies. The intergovernmental consultations held at the end of 2020 confirmed the cooperation between the four countries.…

On January 14, data released by the General Administration of Customs showed that China imported 1.17 billion tons of iron ore in 2020, a year-on-year increase of 96.746 million tons, an increase of 9.5%. This exceeded the previous record-1.075 billion tons in 2017. Last year, the corresponding amount of imported iron ore was 822.87 billion…

According to data released by China Customs, China’s rare earth shipments reached 35,448 tons in 2020, a 23% drop from 46,330 tons in 2019 and the lowest since 2015. The main reason for this result is that the outbreak of Covid-19 has hit the demand in overseas markets. The export volume in December was 4168…

In 2020, the annual crude steel production in Asia was 1.374.9 billion tons, an increase of 1.5%. Among them, China’s crude steel output reached 1.053 billion tons, an increase of 5.2%. China’s crude steel production accounted for the share of global crude steel production, rising from 53.3% in 2019 to 56.5% in 2020. India’s crude…