Hua Xia Shi Bao·2025-07-24 02:09Group 1 - The Yarlung Tsangpo River downstream hydropower project, with a total investment of approximately 1.2 trillion yuan, is the largest planned hydropower project globally, attracting significant attention from various industries, including cement and steel [2][3] - Following the announcement of the project's commencement, the steel and cement industries experienced a strong rebound, with multiple stocks hitting the daily limit up, indicating a positive market reaction [2][3][4] - The project is expected to significantly increase demand for materials such as cement and steel, with estimates suggesting a total cement consumption of 30-35 million tons and an annual increase of 3-3.5 million tons [6][7] Group 2 - The steel demand is projected to rise by approximately 5 million tons due to the project's requirements for core construction, supporting infrastructure, and various steel products [7] - Companies such as China Power Construction Corporation and SANY Heavy Industry have expressed their intention to actively participate in the project, indicating a strong interest from major industry players [8][9] - The project is anticipated to have a long-term economic impact, with potential U-shaped effects on the economy, leading to market expansion and technological upgrades for related industries [9][10]