Core Insights - The Chinese steel industry has made significant progress in high-quality development during the "14th Five-Year Plan" period, particularly in high-end, intelligent, and green development [1] - Breakthroughs in low-carbon metallurgy technology innovation and application have positioned China among the global leaders, with several pioneering projects launched [1] Industry Developments - The introduction of the world's first "hydrogen-based vertical furnace - near-zero carbon electric arc furnace" project by Hebei Steel represents a major advancement in low-carbon steel production [1] - The world's first hydrogen metallurgy green automotive sheet continuous casting production line has been established, showcasing China's commitment to sustainable practices [1] - China Steel Research has launched the world's first pure hydrogen vertical furnace demonstration line, further emphasizing the shift towards low-carbon technologies [1] - Additional cutting-edge low-carbon metallurgy technology demonstration projects, such as thin strip casting and dry granulation of blast furnace slag, have been implemented, contributing to the global transition to green steel production [1]