The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.14 million mt per day in the first ten days of July, down 5.56% from late June and up 0.32% from the same period a year ago.

The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.42 million mt per day in the first ten days of May, up 0.75% from late April and up 17.84% from the same period a year ago.

The China Iron and Steel Association (CISA) reported that crude steel output across major mills in China averaged 2.4 million mt per day in the last ten days of April, up 3.25% from mid-April and up 19.27% from the same period a year ago.

China produced 3.86 million units of automobiles during January to February, up 89.9% on the year, and this included 317,000 units of new energy vehicles, up 395.3% year on year, according to data from National Bureau of Statistics.

Carbon neutrality stocks have attracted market attention recently. In December 2020, the Central Economic Work Conference determined that promoting a peak in coal consumption and carbon neutrality are one of the key tasks to be focused in 2021. China is aiming to improve the system that caps both national carbon intensity－carbon dioxide emissions per unit of GDP－and energy consumption, as it strives to reach a peak in carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060. Carbon neutrality refers to achieving net zero carbon dioxide emissions by balancing carbon dioxide emissions with removal (often through carbon offsetting) or simply eliminating carbon dioxide emissions altogether. It is used in the context of carbon dioxide-releasing processes associated with transportation, energy production, agriculture, and industrial processes. Carbon neutrality is expected be an important part of the "Two Sessions" and the "14th Five-Year Plan” to be held this week. 

Data from the China Association of Automobile Manufacturers (CAAM) showed that 2.33 million and 2.3 million automobiles were produced and sold, respectively, in China last month.

This is an improvement from the industry body’s previous estimate of a decline of 15% to 25%, following signs of recovery from the coronavirus pandemic.

According to statistics from the United States Geological Survey in 2015, the world's proven land cobalt resources were about 25 million mt, with reserves of 7.2 million mt. The Democratic Republic of Congo, Australia and Cuba accounted for 68% of the global cobalt reserves. Congo (Gold) is the country with the most abundant cobalt reserves. As of 2014, cobalt reserves in Congo stood at 3.4 million mt, accounting for more than 50% of the world’s total.

China’s wholesale deliveries of new energy passenger vehicles rose 19.5% to 70,200 units in May from the previous month, according to data from the China Passenger Car Association (CPCA) released Monday.

China’s excavator sales increased 11.6% year on year in March, recovering from a 50.5% tumble in February, as key construction projects resumed work after the coronavirus pandemic outbreak in the country came under control.