By the end of 2025, over 80% of China's crude steel production capacity will achieve ultra-low emissions.
Recently, it was learned from the China Iron and Steel Industry Association that by the end of 2025, the ultra-low emission transformation project in China's steel industry has been completed successfully, with over 80% of crude steel production capacity achieving ultra-low emissions. According to Zhao Mingge, the president of the China Iron and Steel Industry Association, the "Three-Year Action Plan for Benchmarking Energy Efficiency in the Steel Industry" launched at the end of 2022 has become the core driver for energy conservation, carbon reduction, and cost efficiency improvement. 143 pilot enterprises have achieved a reduction in energy consumption in blast furnaces and converters by 2.5% and 12.2% respectively by 2023. Over the course of two years, a total of 13.2 million tons of standard coal have been saved, resulting in a reduction of 34 million tons of carbon dioxide emissions. In addition, China's steel industry's capacity for green and low-carbon development continues to increase. Projects such as Baowu's hydrogen-rich carbon circular oxygen blast furnace commercial demonstration project, Zhanjiang Steel's near-zero carbon factory, and the China Steel Research Institute's pure hydrogen shaft furnace demonstration line have been successively implemented. The innovative application of low-carbon metallurgical technology in China has entered the forefront of the world.
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