Gong Hongliang Attends 2025 China Steel Market Outlook and "My Steel" Annual Conference

From December 5-7, 2024, the 2025 China Steel Market Outlook and "My Steel" Annual Conference was grandly held in Shanghai. This event attracted clients from the black industry chain, home appliances, automotive, machinery, construction, and financial sectors to explore new futures for the industry and market. Shanghai Steel Pipe Industry Association Party Secretary Gong Hongliang, Secretary-General Wei Liqun, and Expert Committee Chairman Sun Yongxi attended the conference. The morning's main conference was hosted by Li Yongjun, Party Secretary and Director of the Metallurgical Industry Economic Development Research Center.

Shanghai Steel Union Chairman Zhu Junhong, Tianjin Youfa Steel Pipe Group Co., Ltd. General Manager Chen Guangling, China Metal Materials Circulation Association Co-Chairman and 2024 Rotating Chairman, South China Materials Group Co., Ltd. President Li Gang, Shandong Guanzhou Song General Manager, Chia Tai Pipe Group Chairman and President Zhang Hongshun each delivered speeches.

Former Vice President of the Development Research Center of the State Council Yu Bin, Chairman of the China Nonferrous Metals Industry Association and former Chairman of Chalco Ge Honglin, Deputy Secretary of the Party Committee and Vice Chairman and Secretary-General of the China Iron and Steel Association Jiang Wei, and Executive Vice President of China Machinery Industry Federation Luo Junjie each delivered keynote speeches. The afternoon meeting was hosted by Shanghai Steel Union Vice President Ren Zhuqian. Xu Gao, Chief Economist at BOCI Securities Co., Ltd., Wang Jianhua, Chief Analyst of Steel at Shanghai Steel Union, Yu Wei, Deputy Director of the Technology Research Institute of Shougang Group, China Metal Materials Circulation Association Co-Chairman and 2024 Rotating Chairman, South China Materials Group Co., Ltd. President Li Gang, and Shandong Guanzhou Manufacturing Department Minister Guo each gave speeches.

The conference included roundtable dialogues titled "New Trends in Steel Use and Steel Industry Transformation and Upgrading" and "Challenges and Opportunities in the Steel Market in 2025" to jointly envision 2025 and discuss steel companies' coping strategies. In addition, the event released the "2023-2024 China Steel Enterprises High-Quality Development Index (EDIS)" and the list of "2024 Low-Carbon Practitioners—Green Low-Carbon Excellent Enterprises" and held a signing ceremony for the strategic cooperation between Shanghai Steel Union Co., Ltd. and Shandong Guanzhou Co., Ltd. The conference concluded successfully at 17:30 on December 7. The curtain has fallen, but the journey continues! The successful hosting of this grand event has opened new doors for development for numerous upstream and downstream enterprises in the steel industry. Opportunities for cooperation converge here, and bonds of friendship are strengthened. Looking to the future, Shanghai Steel Union will continue to deepen the connotation of its services and contribute to the excellent development of the steel industry chain enterprises, creating a brighter future together!



Confidence is More Important than Gold
— The Secretariat Participates in High-End Closed-Door Steel Pipe Exchange Meeting

On the morning of December 6, Deputy Secretary-General Lu Zhikui and Director of the Membership Department Liu Zhenghao participated in a closed-door exchange meeting on the steel pipe market organized by Shanghai Steel Union E-commerce Co., Ltd. at the Radisson Collection Hotel Yangtze River in Shanghai. Over 80 senior executives from leading production plants, traders, and end-users in the steel pipe industry candidly exchanged views on the market, industry, and their own enterprises, reaching a consensus that confidence is more important than gold.

Some enterprises expressed that in the face of uncertain economic conditions, they have proactively slimmed down and reduced their scale to ensure an advantage in their main battlefield, essentially strengthening their bodies. Some enterprises have seen exports rise instead of fall, demonstrating the resilience of steel pipe exports, with 2024 potentially setting a new high for steel pipe exports. Other enterprises follow the principle of constructing during downturns and profiting during booms, engaging heavily in product development and upgrading equipment to prepare for the coming prosperity. More enterprises focus on improving quality, striving to build brands, and turning price competition into quality and service competition. All companies are optimistic about the future potential of the steel pipe market and confident in the series of growth-promoting policies, such as those supporting real estate, urban renewal, "two major" policies, local debt "combination punches", and initiatives to promote high-quality Belt and Road cooperation, driving economic recovery.

Firm confidence lays the foundation for overcoming challenges and developing strategies. Everyone agreed that confidence is more important than gold in facing development cycles.