Digitalization stands as a cornerstone of progress within the steel industry, offering multifaceted benefits ranging from heightened production efficiency to enhanced environmental sustainability. But what does digitalization entail in the context of steel production? Digitalization in the steel industry encompasses a spectrum of advancements leveraging modern information and digital technologies to optimize production, management, and…

Shougang Group’s history dates back to 1919, marking a pivotal era in China’s steel industry evolution. Over the past century, Shougang has achieved significant milestones, evolving into a conglomerate with over 500 wholly-owned, holding, and joint-stock companies, boasting assets exceeding 500 billion yuan. Its consistent presence in the Fortune 500 list underscores its enduring success….

Since the beginning of this year, downstream demand has been slow to recover, impacting steel companies. However, in such market conditions, some enterprises have maintained stable profitability, demonstrating strong resilience through clear development concepts, precise market positioning, and continuous innovation. Jiangsu Longteng Special Steel Group is one of CNBAOSTEEL’s important partners. Despite market fluctuations, Longteng…

China Baowu Group has achieved a significant milestone with the successful implementation of the country’s first fully automated one-touch steel pouring system for slab continuous casting machines. The hot trial of this system was a resounding success, marking a revolutionary shift in traditional steel pouring methods. Traditionally, slab continuous casting machines relied on manual operations…

Steel exports surged in February, but India remains a net importer, according to a report by the Steel Ministry accessed by BusinessSteelLine. In February, India’s steel exports increased by approximately 21% compared to January, reaching 1 million tonnes (mt), while imports remained steady at 0.76 mt. This marks the second consecutive month where India has…