summit background
The strong deployment and practice of Carbon Neutral has contributed to global sustainability on the one hand, and posed a series of challenges for various industries on the other. As a low-carbon or even zero-carbon emission product, green steel is becoming one of the future themes of the steel industry, contributing to the achievement of carbon peaking and neutrality goals. According to the World Steel Association's Steel Demand Forecast report, global steel demand is expected to grow by 4.5% to 1,855.4 million tons in 2021 and is projected to grow by a further 2.2% to 1,896.4 million tons in 2022. Factors driving market demand include: steel has always played an important role in basic raw material, construction, automotive, machinery and other downstream industries are on the demand for special steel, global environmental policies tighten the requirements of high-quality steel development, and so on. Meanwhile, there are many challenges, such as the enormous pressure to reduce emissions throughout the steel industry, the high cost of implementing innovative technologies and processes for carbon neutrality, and the high quality control of steel by companies in the steel industry chain. Challenges also give rise to new opportunities. Hydrogen smelting steel gradually realizes zero carbon steel making, and the recycling of renewable steel also brings out many new business opportunities and possibilities.
HIGHLIGHTS
- How Do Steel Enterprises Participate in Carbon Trading
- Green Development Trends in the Global Steel Industry
- Nuclear Hydrogen Accelerates the Era of Zero-emissions Steelmaking
- Fossil Fuel-Free 'Green' Steel, Reshape the Future of Steel
- Carbon2Chem Solution Achieves Multiple Uses of Carbon
- Steel Requirements for Vehicle Carbon Neutrality in the Era of New Energy Vehicles
- Green Steel Promotes Green "New Infrastructure"
