China’s nickel giant Tsingshan Holding Group has started production at its $1 billion steel plant in central Zimbabwe, a company official said on Thursday.

China Baowu Steel Group has completed its purchase of a stake in the Simandou project in Guinea, as China’s top steelmaker looks to expand its interest in the world’s largest untapped iron ore mine.

The American Iron and Steel Institute (AISI) announced the release of its 2023 Annual Statistical Report (ASR), which provides comprehensive data on the American steel industry and select data on the North American steel industry as a whole.

A comparison of shipments year-to-date in 2024 to the first four months of 2023 shows the following changes: cold rolled sheet, up 4 percent, corrosion resistant steel, down 2 percent and hot rolled steel, down 2 percent.

In the course of history, China and Australia have long been forging ahead side by side, and have benefited greatly from win-win cooperation.

Regarded as the birthplace of China's steel industry, Ansteel stands as the first iron and steel giant established after the founding of the People's Republic of China.

Pig iron, also referred to as crude iron, is an intermediate product used in the iron industry for steel production. It is created by smelting iron ore in a blast furnace.

The northwestern province is actively integrating into the national unified market, enhancing its business environment, and attracting industrial transfers from the eastern and central regions.