MIIT: Processing capacity of companies access to iron and steel scrap processing exceeds 180,000,000tpy by 2025
2022-08-02 15:10:32 [Print]
China's Ministry of Industry and Information Technology (MIIT), National Development and Reform Commission (NDRC) and Ministry of Ecology and Environment (MEE) issued a notification on implementation measures about peak carbon emission in industrial field on August 1st
. The notification encourages cluster development in primary and secondary areas and smelting and processing areas in iron & steel, non-ferrous metal and other industries . By 2025, the annual processing capacity of companies access to iron and steel scrap processing will exceed 180,000,000t, including over 15% for short-process steelmaking . By 2030, breakthroughs in application of technologies including carbon capture, utilization and storage, hydrogen-based shaft furnace direct reduction process and others will be made with a proportion of over 20% for short-process steelmaking.