International trade frictions and industrial upgrading have become the focus of attention in the global steel industry.

Adjustments to Europe's steel import policies have triggered a chain reaction, prompting Chinese steel companies to accelerate technological innovation and overseas expansion.

1. The EU Significantly Reduces Steel Import Quotas: Starting October 16, 2025, the EU will reduce its tariff-free quota for steel products by nearly 50%, raising tariffs on excess imports to 50%, primarily targeting Chinese goods. This policy caused the share prices of European automakers such as BMW and Mercedes-Benz to plummet by over 8% in a single day, exacerbating production cost pressures.
2. The Transmission Effect Across the Supply Chain: European auto production costs are already 30% higher than those in China. Coupled with rising energy and labor costs, the new EU regulations may further weaken the global competitiveness of European automakers.
3. Industry Upgrades and Technological Innovation Updates
China's Steel Industry Planning Upgrade: The China Iron and Steel Association held a symposium on the 15th Five-Year Plan on October 15, proposing the establishment of a dynamic supply-demand balance mechanism and the clear goal of building China into a modern steel powerhouse by 2030. The focus will be on promoting the development of electric furnace steel and steel structure construction.
23. Technological Innovation Breakthrough: Baosteel Zhanjiang Steel launched China's first automated hot metal pretreatment sampling system, enabling unmanned sampling throughout the entire process, addressing challenges in operating in high-temperature, high-risk environments. ‌
4. Corporate Strategy and Project Progress
‌Deepening Overseas Cooperation‌: Sinosteel Equipment was awarded a feasibility study contract for Rio Tinto Group's bauxite processing plant in Australia, covering key aspects such as process design and investment estimation, marking an improvement in the technology export capabilities of Chinese steel companies. ‌
‌5. Green Production Achievements‌: Ping'an Steel, through optimizing combustion parameters and equipment management, has set new daily average power generation records for five consecutive months, reaching 126,200 kWh in August. ‌