Background of carbon reduction in steel

 　　With the intensification of global climate issues and the enhancement of environmental awareness, "low-carbon economy" has become an important issue in the global economic situation. As one of the world's largest carbon emitters, effective data from the China Carbon Accounting Database (CEADs) shows that in 2022, China's cumulative carbon emissions amounted to 11 billion tons, accounting for approximately 28.87% of global carbon emissions. Among them, industrial emissions amounted to 4.2 billion tons, accounting for 38.18% of the national emissions, second only to the power industry's emissions of 5.1 billion tons, accounting for 46.37%.

　　According to 2019 data statistics, the carbon emissions of the black metal smelting and rolling processing industry account for about 40% of the total industrial emissions, accounting for 18.92% of China's total carbon emissions (CDEAs' carbon emissions from the black metal smelting and rolling processing industry have been suspended since 2019), and the proportion may decrease in the future. However, China's steel industry accounts for about 15% of the country's total carbon emissions, making it the industry with the largest carbon emissions among the 31 manufacturing sectors.

　　As a country with a large population and a large manufacturing industry, in September 2020, at the 75th United Nations General Assembly, China proposed the "double carbon" strategy - to achieve carbon peak by 2030 and carbon neutrality by 2060. In October 2021, the State Council formulated the "Action Plan for Carbon Peaking before 2030" (hereinafter referred to as the "Action Plan"), which clearly proposed to promote green and low-carbon development in the industrial sector, promote carbon peaking in the steel industry, and emphasize the need to deepen the supply side structural reform of the steel industry. With a focus on the Beijing Tianjin Hebei region and surrounding areas, we will continue to reduce steel production capacity, vigorously promote demonstration of non blast furnace ironmaking technology, and improve the level of waste steel resource recycling and utilization, Promote the full scrap steel electric furnace process. In January 2022, the Ministry of Industry and Information Technology issued the "Guiding Opinions on Promoting the High Quality Development of the Steel Industry" (hereinafter referred to as the "Guiding Opinions"), with the main goal of striving to increase the proportion of electric furnace steel production to over 15% of the total crude steel production by 2025. The steel industry will utilize 300 million tons of scrap steel resources, and more than 80% of its steel production capacity will complete ultra-low emission transformation, reducing the comprehensive energy consumption per ton of steel by more than 2%.