World crude steel production was 134.1 million metric tons in August 2016, 1.9% up on August 2015.

Recently, Baoshan Steel Group and Whuan Steel Group decided to take the first step for consolidation. If successful, they will become the world’s second largest steelmaker. This is also considered the starting point for Beijing’s plans to improve Chinese efficiency by pushing zombie companies out of operation.

The World Steel Association (worldsteel) has announced the shortlist for its 7th Steelie Awards. The winners will be revealed at the Annual Dinner of the 50th worldsteel conference in Dubai on Monday, 10 October. The trophies, known as Steelies, are awarded in seven categories.

White dolphin, used to live in Yangtze River for 20 million years, was declared functionally extinct a decade ago. But recently Chinese conservationists believe they saw the dolphin again. The truth is still waiting to be proved.

Australian iron ore miners can expect another year of strong prices, after China's chief government forecaster said a predicted decline in steel demand would not happen in 2017.

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