China's steelmakers must clearly recognize the mounting operational pressures they face during the current half and voluntarily rein in steel production to drive down steel inventories and secure reasonable annual returns, according to Jiang Wei, Vice Chairman and Secretary General of the China Iron

China’s prices for carbon steel hot-rolled coil (HRC) are projected to maintain their upward momentum through the first half of September before coming under pressure in the latter half as a slow recovery in downstream demand may fail short of market expectations, Mysteel’s monthly report on the com

China's Ministry of Ecology and Environment (MEE) has issued its 2026 carbon allowance allocation plan for the steel, cement and aluminum-smelting sectors, keeping the allocation approach for the three industries unchanged from 2025.