Intelligent transformation: Intelligence has become the key to enhancing the competitiveness of steel enterprises, and "unmanned factories" are rapidly rising in the steel industry.

Green development: With the strengthening of environmental policies, steel enterprises are developing towards green and low-carbon direction. For example, the world's first million ton hydrogen based vertical furnace at the Baowu Zhanjiang base in China has achieved stable operation, reducing carbon emissions per ton of steel by 90% compared to traditional blast furnaces. The low-carbon automotive plates and pipeline steel produced have passed the EU CBAM certification.

Extension of industrial chain: In order to improve the added value and competitiveness of the industry, Chinese steel enterprises have been extending upstream and downstream of the industrial chain. For example, Lanshan District in Rizhao is building a Rizhao electroplating industry park led by the electroplating industry; The newly planned land in Xinyu City is specifically used for the construction of the New Steel Industrial Park; Jilin Jianlong's high-quality new energy electromagnetic material project will be extended to new fields such as new energy vehicles and high-end motors.