Steel

 A Chinese labourer stands next t a furnace at outside at an unauthorized steel factory on November 3, 2016 in Inner Mongolia, China. To meet China's targets to slash emissions of carbon dioxide, authorities are pushing to shut down privately owned steel, coal, and other high-polluting factories scattered across rural areas. In many cases, factory owners say they pay informal "fines" to local inspectors and then re-open. The enforcement comes as the future of U.S. support for the 2015 Paris Agreement is in question, leaving China poised as an unlikely leader in the international effort against climate change. U.S. president-elect Donald Trump has sent mixed signals about whether he will withdraw the U.S. from commitments to curb greenhouse gases that, according to scientists, are causing the earth's temperature to rise. Trump once declared that the concept of global warming was "created" by China in order to hurt U.S. manufacturing. China's leadership has stated that any change in U.S. climate policy will not affect its commitment to implement the climate action plan. While the world's biggest polluter, China is also a global leader in establishing renewable energy sources such as wind and solar power. (Photo by Kevin Frayer/Getty Images)

Kevin Frayer/Getty

A Chinese labourer stands next to a furnace at outside at an unauthorized steel factory on in Inner Mongolia Photo Kevin Frayer/Getty

A protester lights a flare as he takes part in an european steel workers protest against China's dumping price in Brussels, Belgium, 09 November 2016. The demonstration of European Steel Association (EUROFER) and workers of steel industry has been organized following a severe downturn in the price of steel caused by a flood of imports into Europe from China.  EPA/STEPHANIE LECOCQ

Stephanie Lecocq/EPA

A protester lights a flare as he takes part in an european steel workers protest against China’s dumping price in Brussels, Belgium. Photo Stephanie Lecocq/EPA

Tata Prepares To Sell British Steel Operation

Christopher Furlong/Getty Images

A man walks his dog on Aberavon beach in the shadow of the Tata Steel plant at Port Talbot on Wednesday. Indian owners Tata Steel put its British business up for sale yesterday, placing thousands of jobs at risk and hitting the already floundering UK steel industry.

Steel workers protest

© Emmanuel Dunande/AFP/Getty

Steel workers protest to demand urgent action against cheap Chinese imports, in front of the European Commission in Brussels on Monday.

Zhou Zefu works on a giant steel sculpture of Guan Yu, known also as "Guan Gong", a famous historical character in the Three Kingdoms period, at an open air workshop in Ningbo, Zhejiang province. Automobile repairing garage owner Wang Rong and his partners, professional welders Zhou and Shen Xinxing share an enthusiasm for making a giant steel sculpture. They decided to make the Guan Yu sculpture mainly with recycled automobile components and scrapped metals. The sculpture is expected to be finished in the middle of February and it will be 10m tall and weigh about 10 tons, local media reported

China Daily/Reuters

Zhou Zefu works on a giant steel sculpture of Guan Yu, known also as “Guan Gong”, a famous historical character in the Three Kingdoms period, at an open air workshop in Ningbo, Zhejiang province. Automobile repairing garage owner Wang Rong and his partners, professional welders Zhou and Shen Xinxing share an enthusiasm for making a giant steel sculpture

Steel products are pictured stacked at a steelworks in Seoul...Steel products are pictured stacked at a steelworks in Seoul January 28, 2014. South Korean steelmaker POSCO, backed by billionaire investor Warren Buffett, reported a smaller-than-expected 29 percent gain in quarterly operating profit as the stronger won and weak demand sapped steel prices. REUTERS/Kim Hong-Ji

Kim Hong-Ji/Reuters

Steel products are stacked at a steelworks in Seoul. South Korean steelmaker Posco, backed by billionaire investor Warren Buffett, reported a smaller-than-expected 29 per cent gain in quarterly operating profit as the stronger won and weak demand sapped steel prices. 

A worker operates in the blast furnace at ArcelorMittal's steel plant in Ostrava, Czech Republic. ArcelorMittal, the world's biggest steelmaker, said steel shipments will rise 1 percent to 2 percent this year compared with an earlier forecast of 2 percent in May.

Martin Divisek/Bloomberg

A worker operates in the blast furnace at ArcelorMittal‘s steel plant in Ostrava, Czech Republic. ArcelorMittal, the world’s biggest steelmaker, said shipments of the metal would rise 1 per cent to 2 per cent this year compared with an earlier forecast in May of 2 per cent.

A worker checks the steel reinforcement ...A worker checks the steel reinforcement bars at a construction site in Manila on May 29, 2013. Across the country, more than 850,000 square metres (9.1 million square feet) of office space and 14,000 residential units were reported to enter the market in 2012, property consultants CBRE Philippines said in a report in 2012.    AFP PHOTO / NOEL CELIS      TOPSHOTSNOEL CELIS/AFP/Getty Images

Noel Celis/AFP

A worker checks the steel reinforcement bars at a construction site in Manila on Wednesday. Across the country, more than 850,000 sq m (9.1m sq ft) of office space and 14,000 residential units were reported to enter the market in 2012, according to a 2012 report by property consultants CBRE Philippines