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Industry Needs to Lower Crude Steel Output

https://en.steelhome.com [SteelHome] 2021-11-25 09:25:59

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Environmental goals at stake as China aims to peak carbon dioxide emissions by 2030, reach neutrality by 2060

China's iron and steel industry needs to step up efforts to ensure the year's crude steel output decreases from last year, government officials and industry experts said.

The change is needed to better meet low-carbon and green development goals and to ensure standards in key technologies are consistent in order to increase Chinese steel mills' global competitiveness and contribute to the nation's high-quality development, they said.

China produced 805.89 million metric tons of crude steel in the first three quarters, up only 2 percent year-on-year, according to the National Bureau of Statistics.

Source: China Daily
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