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Steel Mint

China's Route-wise Crude Steel Production

13, Mar 2023
In sync with its 'dual carbon' goal of peaking emissions by 2030 and attaining carbon neutrality by 2060, the Chinese steel industry is expected to reduce consumption of coking coal by 20-25% by 2030, reports indicate. It is predicted that the share of scrap-based EAFs in China's total crude steel production will rise to 22% by 2030 from 12% at present. Out of 1.01 billion tonnes (bnt) of steel produced in China in 2022, 88% was churned out through the BF-BOF route.
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