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The coal mine's annual production capacity will be 3 million tonnes.

However, iron ore imports during the period declined 2.4 percent to 784 million tons.

Adhering to green and intelligent development is fundamental to the healthy development of the steel industry in China, he said.

ferro-alloys.com:Karnataka mining bodies expecting a drop-off in iron ore prices

ferro-alloys.com:Steel prices of China fall on Beijing's winter output cuts

The World Steel Association (worldsteel) released its Short Range Outlook (SRO) for 2019 and 2020.

Zhanjiang is now promoting the construction and production of its steel and petrochemical industries.

As coal accounts for a major part of China's energy consumption, efforts are needed to make scientific coal exploration plans.