By 2025, annual mining of iron ore will increase from 55 million mt to 100 million mt in Anshan city in China’s Liaoning Province as it will newly develop five iron ore mines, including in West Anshan and Chentaigou, and it will transform seven old mines, as stated by Liaoning-based listed company Angang Steel Company Limited.
Meanwhile, the company said that the domestic economy is showing some certainty and resilience in 2023, which will provide solid support for the steel industry.
