Enter the stage of reducing quantity and improving quality, steel companies actively seek change.

At the first China International Steel Week held from August 5th to 10th, participants believed that the rapid growth of steel demand is a thing of the past, and global steel demand has entered a new stage of slower growth or even partial decline. Facing the challenge of the "reduced quantity era," steel companies are actively seeking change and presenting their respective response strategies. Companies are abandoning the old mindset of simply pursuing scale growth, focusing instead on high value-added products and differentiated development, and striving to upgrade from steel suppliers to providers of metal material solutions. The transformation and upgrade of enterprises towards lean and efficient development through quality and digitalization has already begun in the global steel industry.