China's Traditional Iron and Steel Enterprises Transition to the Booming Datacenter Market

451 Research - China's iron and steel industry has played an important role in the country's industrialization; however, as the country has continued to develop, the sector has reached a point of overcapacity. At the same time, China's announced 'new infrastructure' strategy signals a further priority shift on the part of the national government away from its agricultural and industrial roots toward a digital future where the datacenter is foundational.