China's new 2027 "green construction" target to boost domestic...

China's new 2027 "green construction" target to boost domestic steel decarbonization - Fastmarkets


"Some Chinese steelmakers have been working to produce greener steel products by using new energy sources and increasing the ratio of high quality iron ore pellet and ferrous scrap in blast furnace steelmaking to meet the increasingly strict requirement from downstream steel markets like the automotive sector.

For example, Shougang Jingtang in north China’s Hebei province has hit 40% ferrous scrap utilization in its converters by preheating the raw material and has thereby reduced carbon emissions by 30% in its blast furnace-basic oxygen furnace (BF-BOF) steelmaking process.

A mill source in southern China said the first step for Chinese steel mills to develop low-carbon emission steel was to meet the ultra-low carbon emission steelmaking process requirement by the China Iron and Steel Association (CISA)Since August 2020, CISA has carried out publicity work on ultra-low emission improvement and assessment for the country’s steelmakers in terms of the steelmaking process, with 129 steel mills passing the assessment as of March 10, 2024.“China’s steel industry is still waiting for more detailed regulations or standard to define or provide certifications for ‘green steel’,” a Beijing-based mill source said."