Shanghai Ganglian(SZ:300226) Zheng Quan Ri Bao·2025-12-21 14:13Group 1 - The conference "2026 Steel Market Outlook and 'My Steel' Annual Meeting" was held from December 19 to December 21, focusing on macroeconomic analysis, industry trends, and downstream market prospects, emphasizing the need for transformation in the steel industry [1] - The traditional development model characterized by "high energy consumption and high material consumption" is nearing its growth limit, necessitating a shift towards energy transformation as a historic opportunity for the industry [1] - Hydrogen is identified as a key element in transforming production methods across various industries, including steel, where hydrogen direct reduction iron technology is set to replace traditional blast furnace processes [1] Group 2 - The Chinese steel industry is at the forefront of green development globally, with AI expected to further enhance labor efficiency, despite facing significant pressures from rising global anti-globalization trends [2] - The "14th Five-Year Plan" period is projected to see a faster decline in domestic steel demand compared to the "12th Five-Year Plan," yet key enterprises are reporting better profit totals due to unified industry strategies [2] - Current high inventory levels pose risks, and steel companies are advised to prioritize risk prevention over profit-seeking in their winter storage strategies, with a focus on controlling production pace and inventory to maintain profitability [2]