Retail stocks of the five major carbon steel items held by the Chinese traders that Mysteel regularly checks fell for the second consecutive week during August 14-20, according to the results of Mysteel's latest weekly survey.

The Plan for Oil and Gas Development During the 15th Five-year Plan Period sets 2030 targets: oil and gas supply of 440 million tonnes of oil equivalent, 20,000 km of new pipelines, gas reserves exceeding 13% of consumption, and LNG receiving capacity of 200 million t/y. Unconventional gas becomes t

China's stainless steel scrap imports totaled around 15,500 tonnes in July, marking a significant decline of 6,800 tonnes or 30.6% month-on-month, according to new data from the General Administration of Customs (GACC). However, the volume still surged by 8,300 tonnes or 113.9% from July last year.