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Lese-Ansicht

Chinese Steel Mill Profitability at Highest Level Since August

China’s steel mill profitability has climbed to the highest since August, according to data from consultancy Mysteel, although questions remain over how long the improvement can last.

A worker walks past molten steel at a steel factory in Huai'an, in China's eastern Jiangsu province on July 22, 2025. (Photo by CN-STR / AFP via Getty Images) / China OUT
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Steel Sector’s Coal Reliance Puts Green Transition in Doubt: GEM

The global steel industry’s green transition is threatened by continued spending on coal-based production and underinvestment in cleaner methods, according to a clean energy research group.

Stockpiles of coal at a sorting and storage facility near the Beilun Port in Ningbo, China, on Sunday, Dec. 21, 2025. China is by far the world’s biggest buyer of iron ore, but has long complained prices are mainly dictated by major global miners.
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Singapore Parliament Pledges No Jobless Growth in AI Era, CNA Reports

Singapore’s lawmakers unanimously passed a motion affirming that the country will not have jobless growth amid the artificial intelligence transition, CNA reported.

Commuters cross a road at night in the central business district of Singapore, on Wednesday, Oct. 28, 2015. Singapore's third quarter unemployment rates are scheduled to be released on Oct. 29 by the Ministry of Manpower.
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BHP Strikes Iron Ore Deal With China After Months of Talks

BHP Group has struck a supply deal with China’s state-backed iron ore buyer, ending a months-long standoff between a vital consumer and the world’s largest miner that has roiled markets and hampered steel mills’ access to key products.

A freight train carrying iron ore travels towards Port Hedland, Australia. Photographer: Ian Waldie/Bloomberg
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