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South Africa launched the Industrialisation Supplier Development Association (ISDA) in Sandton on Thursday.
Steel is a key input to industries such as the automotive, construction, rail, power, consumer durable goods and machinery sectors.
Indian debt, currency and equity markets remained closed on Thursday as the financial capital Mumbai goes to polls.
China will encourage establishment of rural-focused VC and PE funds to provide more capital to rural projects.
The 2,400-kilometre-long South Stream would cross the Black Sea to reach Bulgaria and other EU members beyond.
Coal accounted for 65.9 per cent of China’s total energy consumption in 2013.
Beijing has criticised the White House strategy as a bid to contain China's rising economic and political clout.
Asia's largest oil and gas producer has set a target of producing 11 billion cubic meters of shale gas in 2020.
China is Vale's largest client in the iron ore trade.
India, Pakistan are attending the joint naval drill in China while the US and Japan are not.