Affected by the dual control of energy consumption and the power rationing policy, a steel mill in Guangxi will reduce its hot rolled coil output by about 30% in October, and the same proportion of customer orders for the month will be adjusted.

China's import volume of unwrought copper and copper semis in August were 393,900 mt, a year-on-year decrease of 41.07%, and a month-on-month decrease of 7.2%. The imports from January to August were 3.61 million mt, a year-on-year decrease of 15.4%.

This is a roundup of news in the steel industry for last week.

The steel industry plays an important role in leading global low-carbon development and addressing climate change under the carbon neutrality target. And as traditional processes are reaching their carbon reduction limits, the steel industry must achieve breakthrough technologies in order to realise this target. In the future, hydrogen metallurgy will become the new windfall for the steel industry. This article will giver an overview of the key cooperation projects between international mines and China steel companies in the field of low carbon technology.

We are glad to present you with the SMM China Downstream Sectors PMI Monthly to keep you updated on the changes of the manufacturing activities of the downstream sectors across the China nonferrous metals market.

Activity across Chinese copper downstream industries expanded in March last month, after registering a record contraction in the prior month

The PMI dropped from 47.04 in January to 37.97 in February, the lowest since SMM began to conduct the monthly survey in January 2017.

Prospects for lingering weakness in the nickel downstream sectors sent the preliminary PMI lower for January

PMI fell from 45.99 in Jun to 43.18 in Jul

For May, the preliminary PMI extended decline by 3.14 from Apr