【SMM Steel】Hyundai Steel issued FAC to SMS group after upgrading its Dangjin #1 CGL. The two-phase project integrated X-Pact® automation and upgraded hydraulics to improve strip quality and stability. Stage 1 added a new strip washer/dryer. Stage 2 focused on the skin-pass mill for precise flatness. The upgrades reduce downtime and extend equipment life, building on a partnership since 2005.

On March 25, the groundbreaking ceremony for the “New-Type Silver Paste Product Intelligent Manufacturing Base Project” of Shanghai Silver Paste Technology Co., Ltd. was held. It is expected to reach full production in January 2030, when it will form an annual production capacity of 650 mt of PV silver paste, achieve annual output value of 5 billion yuan, and generate annual tax revenue of over 24 million yuan. The new base will introduce internationally advanced R&D equipment and experimental facilities to realize automation, intelligence, and lean management throughout the entire production process, while simultaneously enhancing technological R&D capabilities, production efficiency, and product consistency.

Concluding our series, we shift focus to 2026's emerging NdFeB growth drivers: robotics, low-altitude economy, and electric two-wheelers. While viewed as the "second growth curve," we analyze their actual demand support amidst current macro and industry cycles to determine if they can offset traditional sector slowdowns.

[SMM Newsflash] According to reports, Jiangsu Tongzhan Precision Machinery Co., Ltd., located in Dayi Town, Yizheng City, Yangzhou, Jiangsu Province, achieved rapid growth in just three years through transformation and upgrading. Currently, leveraging intelligent production lines, the company’s daily production of household accessories reached 80,000-100,000 units, while daily production of automotive steel pistons reached 8,000-10,000 units. Full automation has been fully implemented, providing solid support for order delivery.

【SMM Steel】Surabaya-based Bahagia Steel is building a new twin-strand HSD® rebar line with SMS group. Set for late 2026, it will process 5.2-32 mm rebar at 45 m/s to meet rising domestic construction demand. SMS will supply mechanical and automation equipment, including a waterbox and high-speed shear. The tech improves yield by ~2% and ensures tighter tolerances than traditional slitting.

Codelco has signed an agreement with Microsoft to explore the use of artificial intelligence, advanced analytics and automation in mining operations. The partnership aims to improve operational efficiency, enhance decision-making and strengthen cybersecurity systems. Analysts say digital technologies are increasingly transforming traditional mining operations.