IMMEDIATE ACTION TO UNITE AND ADVANCE BRAVELY
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Bloomberg reported that China, the world largest emitter of greenhouse gases, set new environmental and power standards for steelmakers and threatened closures to curb pollution and overcapacity.
Details>>Bloomberg reported that Baosteel Group Corp overseas expansion plans will focus on raw materials until a clear picture emerges about global steel demand.
Details>>Reuters quoted the Ministry of Industry and Information Technology said China has urged local governments to finish shedding 16.91 million tonnes of unsafe and outdated steel production capacity by the end of February.
Details>>Ministry of Commerce (MOC) Wednesday voiced strong opposition against the United States' imposition of anti-subsidy tariffs on Chinese oil well pipes, saying the move was "discriminatory".
Details>>With competitive prices and improved quality, China's steel giant Sinosteel Corporation is exploring the market potential in Turkey's steel industry as an equipment provider and contractor.
Details>>According to data from China Iron & Steel Association (CISA), as the traditional peak season, October China has a production of steel pipe up to 4.82mln tons, recorded high this year, up 6.4% from September and 21% year on year.
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