13,744.64 TRY BIST 100 BIST 100
53.71 EUR EUR EUR
46.28 USD USD USD
6.89 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.69 TRY Interest Interest
93.67 USD Fossil Oil Fossil Oil
6.21 USD Copper Copper
94.66 USD Silver Silver
102.24 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
102.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Baowu Group and Huawei work together to develop the steel of the future

China's leading steel manufacturer Baowu Group signed a strategic cooperation agreement with Huawei, the global leader in information and communication technology (ICT) infrastructure and smart devices.

Baowu Group and Huawei work together to develop the steel of the future

Both sides aim to strengthen ICT technology innovation and advance application discovery in industrial digitalization and intelligence, promoting business development and product diversification. In the future, they plan to add new values to the industry by combining new scenarios and artificial intelligence applications in the iron and steel industry.

The steel industry is characterized by long production processes, complex operations and a range of artificial intelligence application scenarios. China Baowu, the world's largest and most influential steel company, has rich experience in automation and IT. It is expected that both parties will further deepen cooperation, clarify the development vision and goals, promote the correct application of various technologies in business, and ensure the effective implementation of business in stages. In this way, it is aimed to create the steel of the future and China's digital plan.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Ali Sezen: “Ukraine will not be a threat to Turkish steel in the short term; it will become its largest export market”

Tuesday, June 16, 2026

Steel Con signs USD 2 million metal industry investment in East Port Said

Tuesday, June 16, 2026

Oğuzhan Üçok: Even if Hormuz reopens, steel and shipping trade will take 3–4 months to normalize

Tuesday, June 16, 2026

Ali Der: "The reopening of Hormuz will bring at least a 10% price correction in steel prices"

Tuesday, June 16, 2026

LKAB receives environmental approval for mining operations and fossil free sponge iron investment

Tuesday, June 16, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now