Middle East Turmoil and Policy Adjustments Create Turbulent Period for Global Steel Market

This week, the global steel industry has entered a period of deep adjustment due to multiple factors. The sudden escalation of geopolitical conflicts in the Middle East, coupled with increased US tariffs on Chinese goods, and simultaneous domestic environmental production limits and steady-growth policies, have created a "cost-driven" volatile market pattern. According to monitoring data from the Today Steel Research Institute, as of March 2, the Platts 62% Iron Ore Index stood at $128.5 per ton, up 4.2% week-on-week; the main Shanghai rebar futures contract closed at 4,280 yuan per ton, a rebound of 3.6% from the low point before the holiday season.

Read More

A Strong Start Leads to Victory! Gdd Employees Regather to Embark on the 2026 Journey.

On the first working day after the Spring Festival holiday, all Gdd employees returned to their posts with great enthusiasm, welcoming the start of the Lunar New Year of the Horse. Company leaders visited the offices and production lines, distributing red envelopes to employees and extending New Year's greetings, creating a festive and harmonious team atmosphere. In the new year, Gdd will adopt a "start strong" approach, upholding the spirit of craftsmanship and striving for excellence, committed to building a new pattern of high-quality development. All employees are determined to overcome challenges with unwavering will, ensuring that wealth and benefits take root through hard work, and jointly ushering in a golden age for Gdd.

Read More

US Increases Steel Tariffs, Triggering Global Supply Chain Shocks: Six Major Industries Face New Challenges and Chinese Enterprises’ Path to Breakthrough

The U.S. government announced a new round of tariffs on imported steel products, covering six major categories including cast iron and stainless steel. This move is seen as a significant step by the Biden administration to strengthen trade protectionism, sending shockwaves through the global steel industry. The China Iron and Steel Association held an emergency meeting overnight to assess the impact, and major trading partners such as the EU and Southeast Asia also indicated they would take retaliatory measures. This escalating "steel war" not only reflects a new trend in great power competition but will also profoundly reshape the global steel supply chain.

Read More

Hebei Launches Vertical Large Model Application Service Platform for Steel Industry to Promote AI-Driven Intelligent Transformation of Steel Sector

The successful hosting of this event marks the beginning of an accelerated phase in the digital transformation of Hebei Province's steel industry. With the implementation of the vertical large-scale model application service platform, artificial intelligence technology will penetrate more deeply into ironmaking, steelmaking, rolling, and service processes, driving the steel industry's transformation from "scale-driven" to "innovation-driven." In the future, Hebei Province will continue to deepen collaboration among government, industry, academia, research, and application, creating a leading national demonstration zone for the digital transformation of the steel industry and injecting strong momentum into the high-quality development of the manufacturing sector.

Read More

GDD’s New Year: The Warmth and Growth Behind a Group Photo

Uniting Hearts and Minds to Welcome the New Year, Joining Hands to Embark on a New Journey – Henan Gangdundun Supply Chain Management Co., Ltd. Holds 2026 Spring Festival Group Photo Event

Read More

A New Chapter in Steel Cooperation: A Record of Mahmoud’s Delegation’s Visit to a Carbon Steel Plate Production Line

Manager Zhou accompanied the Arab business delegation led by Mr. Mahmoud on a tour of our company's carbon steel plate production workshop and exchanged views on the production line. Both sides focused on advanced processes such as intelligent control rolling and cooling, and engaged in frank discussions on product quality, environmental protection technologies, and climate adaptability. During the visit, cultural exchange and professional interaction complemented each other effectively. This visit not only showcased the technological strength and openness of China's steel manufacturing industry but also deepened mutual trust amidst laughter and handshakes, ultimately leading to the signing of a three-year strategic cooperation memorandum, injecting new vitality into Sino-Arab economic and trade cooperation.

Read More

Forging the Pillars of a Strong Nation, Leading the Green Future with Intelligence – Decoding the Steel Industry’s Leap in Sci-Tech Innovation During the 14th Five-Year Plan Period

During the 14th Five-Year Plan period, China's steel industry achieved a comprehensive transformation through technological innovation. Breakthroughs were made in key technologies such as high-end plate surface treatment and hydrogen-based direct reduction of iron, driving industrial upgrading; 5G, artificial intelligence, and digital twins were used to reshape the intelligent manufacturing system, improving efficiency and leading the formulation of international standards; ultra-low emission and low-carbon processes were comprehensively promoted, and over 100 green factories were built; and innovation vitality was stimulated by the integration of industry, academia, and research, and a young talent pool. Looking ahead to the 15th Five-Year Plan period, the industry focuses on goals such as zero-carbon demonstration and independent control of strategic materials, and is moving from the world's largest producer to a high ground for metallurgical technological innovation, supporting sustainable development with green and intelligent technologies.

Read More