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Xia Nong stated that the steel industry is facing significant supply-demand imbalances, an unstable foundation for profitability, and pressure from the high intensity of green transformation investments. However, steel is an irreplaceable essential raw material for the development of the national economy, and the steel industry is a crucial support for building a modern and strong nation. He noted that, based on strictly implementing crude steel output control policies, it is important to actively research and establish new mechanisms for capacity management. It is necessary to strictly prohibit new capacity expansion, open channels for capacity exit, and, through the introduction of relevant policy measures, eliminate equipment that is technologically outdated, causes severe environmental pollution, or has low production efficiency, as well as establish and improve a sound, effective long-term mechanism to guide enterprises in strictly regulating themselves. Furthermore, efforts must focus on both supply and demand, and further expand the application of steel, which is a key way to tap into effective demand and ease existing contradictions.

On April 11, Grayscale updated its list of candidate assets, with new additions mainly in the AI and financial categories. In the AI sector, nine projects including Fabric Protocol and Flock were added. In the financial sector, seven DeFi projects such as Ethena and Hyperliquid were included. For smart contract platforms, six projects including Celo and Mantle were added, and the utility tools sector saw the addition of projects like DoubleZero and LayerZero. Grayscale stated that inclusion on the candidate list does not necessarily mean a related product will be launched, and the list will be updated within 15 days after the end of each quarter.

BlockBeats News, April 11th. Digital asset investment platform Grayscale recently updated its product candidate asset list, covering six major crypto sectors, with a particular focus on AI and Finance categories. The AI sector added the most candidate assets, including Fabric Protocol, Flock, Grass, Kaito, Kite AI, Nous Research, Poseidon, Venice, and Virtuals Protocol, totaling 9 projects. They join Bittensor, Livepeer, Near, Render, and Story in consideration, reflecting institutional continued interest in the AI+crypto space. In the Finance sector, Ethena, Hyperliquid, Jupiter, Kamino Finance, Maple Finance, Morpho, Pendle, and 7 other DeFi projects entered the candidate list, complementing existing products such as Aave, Aerodrome, Curve, Ondo, and Uniswap. In the Smart Contract Platforms sector, Celo, Mantle, MegaETH, Monad, Toncoin, Tron, and Canton Network were added, totaling 6 projects. In the Utility Tools sector, DoubleZero, Geodnet, Helium, Jito, LayerZero, and Wormhole were included. Currently, Grayscale's existing product suite covers mainstream assets such as BTC, ETH, SOL, XRP, AVAX, BNB, ADA, among others. The candidate list does not guarantee the launch of related products, as Grayscale stated it would update the list within 15 days after the end of each quarter.