The global steel industry continues to shift its focus to Asia

On July 31st, the China Changle Metallurgical Industry Association’s 2025-2026 Steel Trend Seminar and 18th Annual Meeting, hosted by the China Changle Metallurgical Industry Association and organized by Sichuan Metallurgical Control Group Co., Ltd., was held in Chengdu. More than 150 people, including leaders of Changle District Li Yumin, Zou Liang, relevant functional department leaders, and representatives of Changle steel enterprises, attended the meeting. The meeting will be held in two stages, chaired by Zou Liang, Deputy District Mayor of Changle District.
The first stage of the meeting:
Liu Yiteng, Chairman of Sichuan Metallurgical Control Group, warmly welcomed the hometown leaders and colleagues who came from afar; And shared the entrepreneurial process and future development vision of Sichuan Metallurgical Control Group in integrating steel enterprises in Sichuan.
Association President Ke Xueli made an important speech, reviewing the challenges faced by the industry in 2024 and pointing out that Changle Iron and Steel Enterprise has achieved remarkable results in terms of production capacity, global ranking, and green development with resilience and vitality. And call on enterprises to anchor the development of high-end and low-carbon dual tracks; Establish a solid bottom line for risk prevention and control; Step up the pace of ‘going global’; Activate idle compliant production capacity; Strengthen regional cooperation and unite for warmth.
In order to continuously deepen services, the association nominated eight entrepreneurs who are enthusiastic about public welfare, love shareholders, and have outstanding reputations as vice presidents, including Liu Yiteng, Chairman of Sichuan Metallurgical Control Group Co., Ltd., Chen Yongfu, General Manager of Fujian Jinshenglan Group Co., Ltd., Wang Kunquan, Chairman of Zhejiang Lishui Huahong Steel Co., Ltd., Dong Longfeng, Chairman of Guangxi Wuzhou Xinfeng Special Steel Co., Ltd., Liu Sangtian, Chairman of Hubei Huaxin Industrial Co., Ltd., Xu Changkuai, Chairman of Indonesia Ocean Special Steel Co., Ltd., Zeng Zhaoqian, Chairman of Kazakhstan Yonggang Steel Group, and Li Shuang, Chairman of Lianyungang Yaxin Steel Co., Ltd.
Chen Hao, Director of the Commerce Bureau of Fuzhou New Area (Changle District), provided a detailed explanation of the investment promotion policies of the new area and warmly invited entrepreneurs to visit and invest, sharing the development dividends of the national level new area.
Chairman Li Yumin delivered a speech on behalf of the Party Working Committee and Management Committee of Fuzhou New Area, as well as the Changle District Committee and Government. He praised the spirit of Changle entrepreneurs who “love openness, dare to fight and win”, and called on everyone to seize the opportunity of integrated development in Fuzhou New Area, take development as the priority, unity as the priority, and hometown as the root, and contribute to the construction of hometown with practical actions.
Phase 2 of the meeting:
Firstly, Liu Jianjun, Secretary General of the China Special Steel Association, delivered a thematic report on “How Private Steel Enterprises Transform and Upgrade to the Special Steel Field”. He pointed out that the transformation of special steel is essentially a systematic restructuring, rather than a simple upgrade. Private enterprises need to evaluate their own positioning and strengths, develop a clear roadmap, increase investment, and explore mechanism innovation. Abandoning traditional upgrading thinking (ordinary steel – low threshold special steel) and effectively reconstructing special steel thinking. Pay close attention to the funding chain during the transformation process.
Secondly, Zhong Shaoliang, Deputy Director General of the World Steel Association and Chief Representative of the Beijing Representative Office, will give a special lecture on “How Private Steel Enterprises can Global Layout the World Steel Map”. He stated that the global steel industry continues to shift its focus to Asia, with Asia accounting for 73% of global production by 2024. Global production capacity continues to expand, expected to reach 2.637 billion tons by 2027, and the risk of overcapacity will intensify. Chinese private steel enterprises can focus on “blue ocean” markets such as Southeast Asia and the Middle East.
This conference focuses on the development trend of the industry, aiming to explore the development path of private steel enterprises, help member enterprises seize opportunities, enhance core competitiveness, and jointly promote high-quality development of the industry.