The steelmaker is currently undergoing an expansion to increase production capacity.
钢铁制造商目前正在扩大规模以增加生产能力。
The steelmaker's innovative technology allows for more efficient use of raw materials.
这家钢铁制造商的创新技术使得原材料的使用更加高效。
The steelmaker has implemented new environmental measures to reduce emissions.
该钢铁制造商已经实施了新的环保措施以减少排放。
The stock market reacted positively to the steelmaker's strong quarterly earnings report.
股市对这家钢铁制造商强劲的季度收益报告做出了积极反应。
The steelmaker forged a strategic partnership with a mining company to secure iron ore supplies.
钢铁制造商与一家矿业公司建立了战略伙伴关系，以确保铁矿石供应。
The steelmaker was forced to lay off workers due to a decline in global demand.
由于全球需求下降，这家钢铁制造商不得不裁员。
The steelmaker's state-of-the-art facility utilizes advanced automation and robotics in the manufacturing process.
钢铁制造商最先进的工厂在制造过程中运用了先进的自动化和机器人技术。
The trade dispute between the two countries threatens the steelmaker's export business.
两国之间的贸易争端威胁到了这家钢铁制造商的出口业务。
The steelmaker announced plans to invest heavily in research and development for next-generation alloys.
钢铁制造商宣布将大量投资于下一代合金的研发。
The union representatives met with the steelmaker's management to discuss work conditions and wages.
工会代表与钢铁制造商管理层会面，讨论工作条件和工资问题。
According to the investment agreements, China Baowu, a major steelmaker headquartered in Shanghai, will hold 49 percent stake in Shandong Iron and Steel.
根据投资协议，总部位于上海的大型钢铁制造商中国宝武将持有山东钢铁49%的股份。
According to the company, it inked an agreement this year with State-owned China Baowu Steel Group — the world's top steelmaker — to explore a range of industry-leading projects in China and Australia to help decarbonize the steel value chain.
据该公司称，该公司今年与世界顶级钢铁制造商、国有企业中国宝武钢铁集团签署了一项协议，在中国和澳大利亚探索一系列行业领先的项目，以帮助钢铁价值链脱碳。
State-owned China Baowu Steel Group, the world's biggest steelmaker, and Rio Tinto, the world's largest iron ore producer, signed a memorandum of understanding on Monday to explore a range of industry-leading projects in China and Australia to help decarbonize the steel value chain, Rio Tinto said.
力拓表示，全球最大的钢铁制造商、国有企业中国宝武钢铁集团和全球最大的铁矿石生产商力拓周一签署了一份谅解备忘录，将在中国和澳大利亚探索一系列行业领先的项目，以帮助钢铁价值链脱碳。
BHP signed an agreement in March for the piloting of carbon capture and utilization technology with China's HBIS Group Co Ltd — one of the world's largest steelmakers and a major iron ore customer of BHP.
今年3月，必和必拓与中国的河钢集团有限公司签署了一项碳捕获和利用技术试点协议。河钢集团是世界上最大的钢铁制造商之一，也是必和必拓的主要铁矿石客户。
Australian mining giant BHP Group said on Monday that it has signed an agreement for piloting of carbon capture and utilization technology with China's HBIS Group Co Ltd, one of the world's largest steelmakers and a major iron ore customer of BHP.
澳大利亚矿业巨头必和必拓集团周一表示，该公司已与中国的河钢集团有限公司签署了一项碳捕获和利用技术试点协议。河钢集团是世界上最大的钢铁制造商之一，也是必和必拓的主要铁矿石客户。
Weng Jieming, deputy head of the State-owned Assets Supervision and Administration Commission of the State Council, made the remarks during the restructuring ceremony of the two giant steelmakers.
国务院国有资产监督管理委员会副主任翁杰明在两家大型钢铁企业重组仪式上发表了上述讲话。
Formed after the reorganization of the former Baosteel and Wuhan Iron and Steel in 2016, China Baowu is the world's largest steelmaker, with crude steel output hitting 120 million tonnes in 2021.
中国宝武是在2016年前宝钢和武钢重组后成立的，是世界上最大的钢铁制造商，2021年粗钢产量达到1.2亿吨。
Last year, Baoshan Iron & Steel Company (Baosteel), China's biggest listed steelmaker, agreed with Aramco to study building a steel plate factory in Saudi ArabiaAddressing climate change, and contributing to the 'dual carbon' targetAs one of the world's leading integrated energy and chemicals companies, Aramco is able to tap into a global network of research centers and international partnerships, including several in China, as it seeks to advance the transition to a low-carbon future.
去年，中国最大的上市钢铁制造商宝钢集团与阿美石油公司达成协议，研究在沙特阿拉伯建造一座钢板厂。应对气候变化，为实现“双碳”目标做出贡献。作为世界领先的综合能源和化工公司之一，阿美石油公司能够利用全球研究中心网络和国际合作伙伴关系，包括中国的几家公司，以推动向低碳未来的过渡。
"China steel industry's concentration rate is relatively low, with the top 10 steelmakers accounting for about 40 percent of the country's total output of crude steel, thus mills' margins are eroded when iron ore prices are high.
“中国钢铁行业的集中度相对较低，前十大钢铁制造商约占全国粗钢总产量的40%，因此当铁矿石价格高企时，钢厂的利润率就会受到侵蚀。
"Green and low-carbon development has become a universal mindset among China's steelmakers," said He Wenbo, executive chairman of the China Iron and Steel Association.
“绿色低碳发展已经成为中国钢铁企业的普遍心态，”中国钢铁协会执行主席何文波说。
Baowu surpassed Luxembourg-based steelmaking giant Arcelor Mittal to become the world's largest steelmaker by volume in 2020－the first Chinese enterprise to top the list of global steelmakers.
宝武在2020年超越卢森堡钢铁巨头安赛乐米塔尔，成为全球粗钢产量最大的钢铁企业，这也是中国企业首次登顶全球钢铁企业榜首。
Apart from participating in the equity diversification of Ansteel Group Corp Ltd, the Liaoning province-based central SOE, and Ben Gang Group Corp (Ben Gang), another Liaoning-based steelmaker in August, China Chengtong also became a shareholder of newly formed China Electrical Equipment Group Co Ltd.
除了参与安钢集团和本钢集团的股权多元化之外，中国诚通还在8月成为新成立的中国电气装备集团的股东。中国电气装备集团是另一家总部位于辽宁的央企。
The strategic restructuring of Ansteel Group Corp Ltd (Ansteel), the Liaoning province-based centrally administered State-owned enterprise, and Ben Gang Group Corp (Ben Gang), another Liaoning-based steelmaker, will create the world's third-largest steel manufacturer by production volume, the country's top State asset regulator announced on Friday.
中国顶级的国有资产监管机构周五宣布，辽宁省直属中央国有企业鞍钢集团有限公司(Ansteel)与另一家辽宁钢铁制造商本钢集团有限公司(Ben Gang)的战略重组，将创造出全球第三大钢铁生产商。
-xa0China's two major steelmakers, Ansteel and Ben Gang Group Corporation, inked a deal on Friday to kick off their merger and restructuring that will create the world's third-largest steelmaker.
中国两大钢企鞍钢集团（Ansteel）和本溪钢铁集团（Ben Gang Group Corporation）周五签署协议，正式启动合并重组，这将创造出全球第三大钢铁制造商。
According to the deal, the owner of Ben Gang -- Liaoning Province's State-owned Assets Supervision and Administration Commission -- will transfer a 51-percent controlling stake in the steelmaker to Ansteel, and Ben Gang will become a subsidiary of Ansteel.
根据这项协议,本钢集团的主人——辽宁省国有资产监督管理委员会将把其持有的本钢51%的控股权移交给鞍钢,后者从而成为本钢的母公司。
China's major steel supplier HBIS Group on Friday signed an agreement with South Korean steelmaker POSCO to establish a joint venture dedicated to developing high-end auto sheet metal in the world's largest auto market.
中国最大钢铁供应商之一的河钢集团25日与韩国浦项制铁公司(POSCO)签约，将在全球最大的汽车市场成立一家专注于开发高端汽车板材的合资公司。
Yu Yong, chairman of HBIS Group, one of China's largest steelmakers, said the two companies would synergize and capitalize on their strengths in terms of brand, technology, management, market and talent.
中国最大钢企之一、河钢集团董事长于勇表示，两家公司将发挥品牌、技术、管理、市场和人才方面的协同效应，实现优势互补。
Eager to further compete with steelmakers from the private sector, Liaoning province-based China Ansteel Group Corp Ltd, or Ansteel, finished mixed-ownership reform of nine of its subsidiaries, including its engineering technology company and mining design institutes in 2020, introducing high-quality social capital and boosting innovation to enhance earnings and innovation strength.
为了进一步与私营钢铁制造商竞争，位于中国辽宁省的鞍钢集团有限公司(简称“鞍钢”)于2020年完成了包括其工程科技公司和矿业设计院在内的九家子公司的混合所有制改革，引入优质社会资本，提升创新能力和盈利能力。这一举措旨在激发企业活力，增强鞍钢在钢铁行业的竞争力。
In December, China Baowu announced its annual output crossed the 100 million metric ton mark, making the steelmaker a global industry leader.
去年12月，中国宝武宣布年产量突破1亿吨大关，成为全球钢铁行业的领军企业。
China Baowu Steel Group is set to become the world's largest crude steel producer this year, having crossed the output mark of 100 million metric tons, a first for any Chinese steelmaker.
中国宝武钢铁集团今年有望成为全球最大的粗钢生产商，其产量已突破1亿吨大关，这是中国钢铁制造商首次达到这一产量里程碑。
It is only a matter of time for Baowu to become the No 1 steelmaker by volume as the company has been consistently expanding its output through a slew of mergers and acquisitions, according to Chen.
陈表示，宝武通过一系列合并收购持续扩大产量，成为全球最大钢铁生产商只是时间问题。
The nation's largest steelmaker China Baowu Steel Group announced on Friday that it will acquire a 51 percent stake in Taiyuan Iron & Steel (Group) Co Ltd (TISCO) as part of its efforts to become a global steel leader with an annual output of 100 million tons.
The quality of services and equipment provided have gained the approval of the world's leading steelmakers, such as Baosteel, HBIS group and many other customer companies.
China Baowu Steel Group, the largest nation's steelmaker, begins good partnership with Danieli since 1986 and last for decades.
Chinese steelmaker Jingye Group has completed the buyout of British Steel, helping secure 3,200 jobs and saving the British company from liquidation.
This is the second time that a Chinese steelmaker has bought a foreign steel plant after HBIS Group, the Hebei province-based steel conglomerate, bought the loss-making Smederevo steel plant in Serbia in 2016 and saved more than 5,000 jobs.
Six months after the Chinese firm took over the ailing steelmaker, its Smederevo plant, currently named HBIS Group Serbia Iron & Steel, has turned the corner and emerged as Serbia's second-largest exporter.
The completion of the deal saw the Chinese steelmaker acquire the company's United Kingdom and Netherlands assets, saving about 3,200 jobs after the company collapsed and was funded and run temporarily by the Official Receiver, part of the UK Insolvency Service, since it plunged into insolvency last May.
- The HBIS Group, one of the world's largest steelmakers based in northern China's Hebei province, has imported iron ore from the Brazilian mining giant Vale in use of RMB clearing.
Share purchase part of company's efforts to further expand scale, outputChina Baowu Steel Group, the nation's largest steelmaker, is approaching its target of becoming a global industry leader with an annual output of 100 million metric tons as it intends to acquire a controlling stake in Chongqing Iron and Steel Co Ltd. Shanghai-listed Chongqing Iron and Steel announced on Friday in a statement that its actual controller, Four Rivers Investment Management Co Ltd, had signed a letter of intent with China Baowu on transferring the controlling stake in the steelmaker.
China Baowu, a monolith formed by the merger of Shanghai-based Baosteel Group and Wuhan Iron and Steel Group in Central China's Hubei province in December 2016, is the nation's most competitive steelmaker with a production capacity of 70 million tons, second only worldwide to the Luxembourg-based ArcelorMittal.
Recent major merger has provided firm with vital support to fulfill strategic goalChina Baowu Steel Group, the nation's largest steelmaker, is seeking to strike a balance between solid growth and sustainable development through supply-side structural reform.
The marriage of China Baowu and Magang is also expected to allow the two steelmakers to guide the steel industry in a green and intelligent direction.
Jingye purchased the UK's second-largest steelmaker for a reported price of 50 million pounds, with plans to invest 1.2 billion pounds over the next ten years.
TISCO to make high purity, large-size seamless circular forgings for major nuclear power project in FujianTaiyuan Iron and Steel Group (TISCO), a leading stainless steelmaker, has achieved a major technological breakthrough by making high-purity, large-size seamless circular forgings for the nuclear power unit in Fujian.
An analyst said using the higher-quality ore will help increase the scrap ratio, which is exactly what the steelmakers have been able to do and have been doing for last few years on the back of the environmental policy, which also in turn has led to shutting down the inefficient furnaces and closing down some of the small blast furnaces.
Chinese steelmaker HBIS Group agreed to buy 70 percent of Indian conglomerate Tata Steel's projects in Southeast Asian countries on Monday, which is considered a "smart move" to invest in this regional market by experts.
HBIS, the world's third-largest steelmaker by output, which is based in Hebei province, will take over Tata Steel's projects in Singapore, Thailand, Vietnam and Malaysia, in order to maximize opportunities in the region on technology, channels and management.
The steelmaker's share in its traditional markets remains high, and it is rapidly entering new markets, transitioning up toward the medium-to-high end of the value chain, according to the company.
State-owned China Baowu Steel Group's general manager said the nation's largest steelmaker has benefited from mixed ownership reforms, and will continue to introduce private and foreign investors into all of its subsidiaries.
A leading Chinese steelmaker will invest $2.13 billion in a mega Bangladesh-China project, according to a press release from the Bangladeshi side on Wednesday.
It said the leading Chinese steelmaker intends to invest and establish a Bangladesh-China Iron and Steel International Capacity and Cooperation Demonstrative Zone Project in Bangladesh, as well as a 2-million-ton per year integrated iron and steel production.
Hiroya Kawasaki told reporters the cheating scandal has left Kobe's credibility at "zero", underscoring the deepening crisis at the steelmaker and the sweep of quality problems besetting Japan's manufacturing sector.
The steelmaker admitted over the weekend it had falsified data about the quality of aluminum and copper products used in cars, aircraft, space rockets and defense equipment.
[Photo provided to China Daily]China Baowu Steel Group, the nation's largest steelmaker, plans to merge more iron and steel companies amid the central government's deepening of State-owned enterprise reform.
The 111-year-old steelmaker, headquartered in Dalian in Northeast China's Liaoning province, has defaulted on corporate debt nine consecutive times, with debts amounting to several billion yuan triggering bankruptcy and restructuring proceedings on Oct 10.
Big-ticket projects invested by Germany's Volkswagen Group and BMW Group, South Korean steelmaker Posco and US retail giant Costco had all been implemented well in China in the first half, generating strong impetus for the rapid growth of FDI, the ministry said.
In the meantime, big-ticket projects invested by Germany's Volkswagen Group, South Korean steelmaker Posco and US retail giant Costco had been implemented well in China, providing strong impetus to the rapid growth of foreign direct investment, said the ministry.
Big-ticket projects invested by Germany's Volkswagen Group, South Korean steelmaker Posco and the US retail giant Costco have been implemented well in China, forming strong impetus to rapid FDI growth.
Last week, the SASAC announced the strategic restructuring of Ansteel Group Corp Ltd, the Liaoning province-based central SOE, and Ben Gang Group Corp, another Liaoning-based and locally-administered State-owned steelmaker.
This will create the world's third-largest steelmaker by production volume and better ensure China's ability in controlling mineral resources.
Facing pressure from the overcapacity of iron production as well as air pollution, many steelmakers and iron ore mines have been closed in the nation's pursuit of green high-quality development.
While the outdated capacity has been reduced in favor of more environmentally friendly industries, the steelmakers that remain operational have upgraded their technology and equipment to save energy and cut pollution.
HBIS Group, one of the world's largest steelmakers, has adopted more than 130 advanced technologies, such as desulfurization and denitrification, at its new plant in Tangshan, where zero wastewater emissions and safe disposal of solid and hazardous waste have been realized, said Wang Xindong, deputy general manager of the group.
Rio Tinto, the world's largest iron ore producer, signed an agreement on Monday with State-owned China Baowu Steel Group, the world's top steelmaker, to explore a range of industry-leading projects in China and Australia to help decarbonize the steel value chain.
In March, BHP signed an agreement with China's HBIS Group Co, one of the world's largest steelmakers, to pilot the carbon capture and utilization technology.
He said Chinese steelmakers need to enhance their operations and raise core competitiveness through strengthening cost control, and benchmarking to tap their potential and improve performance with precise goals.
He advised steelmakers to step up efforts to switch from blast furnaces to electric furnaces for steelmaking, strengthen research on and application of carbon capture, utilization and storage technologies, and make more breakthroughs in hydrogen metallurgy and other advanced low-carbon metallurgy technologies, to accelerate the decarbonization of the industry.
China's major steelmaker Ansteel broke ground on a 22.9-billion-yuan ($3.25 billion) underground iron ore mine project in Northeast China's Liaoning province on Wednesday.
We are keen to work with China Mineral Resources, as well as China's steelmakers, to drive innovation and help reduce emissions throughout the value chain. "
When news came in late April that China Baowu Steel Group, the nation's largest steelmaker, was taking majority control of Xinyu Iron & Steel Group, a steel company in Xinyu, Jiangxi province, perhaps very few felt surprised despite the move happening at a time when steel demand and production in China seemed to have been dampened by various factors, including COVID-19.
Ansteel will become China's second-largest steelmaker after China Baowu.
This deal makes Ansteel the world's third-largest steelmaker after Baowu and ArcelorMittal, according to an S&P Global report.
The fund, with a planned scale of 50 billion yuan ($7.74 billion), looks to raise 10 billion yuan in the first phase, according to the world's largest steelmaker by volume in 2020.
据2020年全球产量最大的钢铁制造商透露，该基金计划规模为500亿元人民币（约合77.4亿美元），首期拟募资100亿元人民币。
"Chinese steelmakers need to strike a balance between decarbonizing and sustaining their steel production scale, because there is still considerable steel consumption demand as the nation's urbanization and industrialization continue," said Zou Jixin, chairman of Baoshan Iron& Steel Co Ltd.
宝山钢铁股份有限公司董事长邹继新表示：“中国钢铁企业需要在实现低碳化与保持钢铁生产规模之间找到平衡，因为随着我国城市化进程和工业化进程的持续，对钢铁的需求仍相当可观。”
China's steelmakers have taken action.
中国钢铁企业已采取行动
China's steelmakers have taken actions.
中国钢铁企业已采取行动
He Wenbo, CISA's executive chairman, said green and low-carbon development has become a universal mindset among China's steelmakers, and some domestic players have led the world in using advanced pollution treatment facilities and reducing carbon emissions.
中钢协执行会长何文波表示，绿色发展和低碳发展已成为中国钢铁企业的普遍共识，一些国内企业已经走在世界前列，采用先进的污染处理设施和减少碳排放。
And steelmakers should adapt to local conditions to make full use of wind, solar and biomass modalities to further optimize energy and processing structures, he added.
他补充说，钢铁制造商应适应当地条件，充分利用风能、太阳能和生物质能源，进一步优化能源和加工结构。
He also said the industry should promote innovation and application of energy-efficient equipment, technologies and management to achieve consumption reduction and efficiency improvement, establish smart and green electric supply networks within steelmakers and industrial parks, optimize energy consumption surveillance and readjustment systems and realize coordinated traditional pollution control and carbon emission reduction methodologies.
他还表示，该行业应促进节能设备、技术和管理的创新和应用，以实现消费减少和效率提高，在钢铁制造商和工业园区内建立智能和绿色电力供应网络，优化能源消耗监控和调整系统，并实现传统污染控制和碳排放减少方法的协调。
Steelmakers and their residential environs alongside industrial enterprises should supply and share water and energy resources more efficiently, and byproducts from steel production should also be recycled to supply other industries with raw materials, he added.
他补充说，钢铁制造商及其周边居民区和工业企业的水资源和能源应更高效地供应和共享，并且钢铁生产过程中产生的副产品也应该被回收，用作其他行业的原材料供应。
As China's top steelmaker, China Baowu later surpassed Luxembourg-based ArcelorMittal to become the world's largest producer of crude steel in 2019, with crude output reaching 95.22 million tons.
作为中国顶级的钢铁制造商，宝武钢铁集团后来在2019年超越了卢森堡的安赛乐米塔尔，成为全球最大的粗钢生产商，其粗钢产量达到了9522万吨。
Amid solid efforts to bolster the economy, the country's major steelmakers saw their sales revenue grow 5.44 percent year-on-year to stand at 3.39 trillion yuan ($504 billion) in the first nine months.
在努力加强经济的同时，该国主要钢铁制造商的销售收入同比增长5.44%，达到3.39万亿元人民币（5040亿美元）
"China's supply-side reform has reduced overcapacity in the steel industry by closing down those with issues of pollution and outdated capacity while controlling new capacity construction, and helped reduce steelmakers' debt levels.
中国的供给侧结构性改革通过淘汰那些存在污染和产能落后问题的钢厂，同时控制新建产能的建设，减少了钢铁行业的过剩产能，并帮助降低了钢铁制造商的债务水平。
Affected by COVID-19, major steelmakers in the first quarter suffered a revenue loss of over 5 percent, while profits slumped by more than half.
受新冠肺炎疫情影响，一季度重点钢铁企业营业收入下降超过5%，利润下滑超过一半。
According to statistics provided by the CISA, steel product inventories of key steelmakers the association surveyed stood at 18.51 million metric tons by early February, up 41.7 percent from late January, and 94.2 percent from early this year.
Hebei and several other regions around Beijing are home to major steelmakers, coal mines and chemical plants.
Yu Yong, chairman of HBIS Group Co Ltd, one of China's largest steelmakers, was elected as the new chairman of the World Steel Association during its annual conference on Tuesday in Monterrey, Mexico.
For the latter half, the agency expected steel production to decline due to a slowdown in housing construction, production restrictions led by environmental measures and market-driven production cuts on shrinking steelmaker margins.
Production curbs should take account of factory's cleanliness, official proposesAdapting to ultra-low emissions in the steel industry is important for the Chinese economy's high-quality development, and the authorities should give more incentives to steelmakers with high-level environmental protection records while strictly containing unclean capacity, a top China Iron and Steel Association official said on Saturday.
Large and medium-sized steelmakers earned 4.13 trillion yuan in revenue last year, a rise of 13.8 percent year-on-year, and profits reached 286.3 billion yuan, surging 41.1 percent with a profit margin of 6.93 percent.
By the end of 2018, the asset-liability ratio for large and medium-sized steelmakers was 65.02 percent, dropping 2 percentage points from a year earlier.
Hebei and several other regions around Beijing are home to major steelmakers, coal mines, aluminum producers, and chemical plants.
It is the only steelmaker that can mass produce a special type of stainless steel foil just 0.02 millimeters thick, and can be stretched to great lengths.
Mercedes-Benz's joint venture in China, Beijing Benz Automotive Company, signed a memorandum last week with Chinese steelmaker Baosteel to introduce low-carbon steel products into its cars.
HBIS Group Co Ltd is one of China's largest steelmakers.
"By cooperating with Chinese companies, overseas steelmakers can gain more share in the country's steel market, which is the largest in the world," Xu said, adding Chinese companies can cooperate with foreign steel giants on advanced technologies to improve the competitiveness of their products.
Xu explained that Chinese steelmakers have developed rapidly in recent years, especially in producing high-end steel products.
Japan's third-largest steelmaker admitted last week it had falsified data about the quality of aluminum and copper products used in cars, aircraft, space rockets and defense equipment.
Its chief executive Hiroya Kawasaki told reporters the scandal had left Kobe's credibility at "zero", underscoring the deepening crisis at the steelmaker and the sweep of quality problems besetting Japan's manufacturing sector.
Steelmaker Beijing Shougang Co Ltd, which was recently surveyed by the country's social security fund, a long-term value investor, also saw its price hit the daily ceiling of 10 percent.
Bucking the trend, steelmakers continued to register significant gains.
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