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New rules aimed at making China's sprawling steel sector greener will do little to tackle rampant overcapacity or help Beijing protect its big state-owned mills from ...
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Profits nearly tripled at private steel mills in the industry's mainland heartland in the first seven months, state-run Xinhua reported on Sunday.
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Surging imports of unfairly traded steel are threatening U.S. steel production, which supports more than a half million U.S. jobs across every state of the nation.
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The Industrial Development Corporation says it plans to invest in five mini steel mills as well as a five million tonne per annum steel mill in partnership with China.
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