With industrialization and urbanization ramping up in the country, China has experienced a significant increase in waste.

Here are the top 10 economies produced most crude steel in the world last year.

Policies seek to boost efficiencies in nation's waste recycling system.

"These policies will support the property and infrastructure sectors, which will benefit steel demand."

Most of the capital goods monitored by China's statistical authorities registered higher prices in early March compared with late February, official data showed Thursday.

The use of green and low-carbon technologies in emerging sectors is another priority of the policy document.

"Blue hydrogen" has its carbon emissions captured and stored, or reused.

And the UK export market has also been affected by a combination of weaker demand into deep-sea destinations such as Turkey and the Indian subcontinent.