China must reduce steelmaking capacity by 15% over next 5 years to meet green targets

Quick Summary:

China coal-based blast furnace (BF) capacity must fall by at least 200 million tonnes per annum (Mtpa) by 2025, said the Centre for Research on Energy and Clean Air.

The steel sector’s heavy reliance on coal accounts for 17 per cent of China’s total carbon emissions, making it the country’s second-largest emitter.

The report underscores the environmental price paid by the world’s largest steel-producing nation, with more than half of global output.

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Article Details

Author / Journalist: Yujie Xue

Category: Business

Markets: Hong KongChina

Topics: Energy Must China Research Steelmaking China’s Coal Capacity Tariffs Steel According

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 15:54:51 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 230 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 26453909

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