Billet prices in Tangshan in North China's Hebei province posted further gains over March 9-15, with Mysteel assessing the price of Q235 150mm square billet in the city at Yuan 2,970/tonne ($431/t) EXW including the 13% VAT on March 15, up by Yuan 30/t on week.

China's forthcoming 15th Five-Year Plan points to a deeper reordering of the country's growth model. The direction of travel is becoming clearer: policy priorities are shifting away from the earlier emphasis on speed, scale and broad-based industrial expansion, and toward a framework shaped by secur

China has pledged to curb steel capacity this year as part of a broader campaign to eliminate excessive competition and stabilize heavy industries, according to the country's newly approved economic plan.