Yao Lin: Working together for pollution cuts and carbon reduction to achieve mutually beneficial growth

Masterhu • 2024年11月11日 am10:04 • Steel News

China’s steel industry has achieved notable advancements in its green transition with major steel enterprises significantly reducing their environmental impact. By 2023, energy consumption per ton of steel production has dropped from 694 kilograms of standard coal equivalent in 2005 to 557 kilograms. Additionally, sulfur dioxide emissions have been slashed by 92.6 percent and dust emissions by 88.5 percent.

On September 2nd, at the China International Steel Conference, Yao Lin, Chairman of the China Iron and Steel Association(CISA) and Chairman of China Mineral Resources Group, presented a keynote address. He provided a comprehensive review of the industry’s endeavors and successes in areas such as ultra-low emission upgrades, energy efficiency, and the development of green, low-carbon technologies. He also offered an in-depth analysis of the critical importance of green, low-carbon technological innovation and the challenges it faces.

Yao Lin said in his address: “Green and low-carbon initiatives are the primary focus for the steel industry’s transformation and upgrade. By the end of June this year, 140 steel enterprises with over 600 million metric tons of crude steel capacity had completed or partially completed ultra-low emission transformations, passed our evaluations and were announced on our website. The average investment per ton of steel for these transformations was about 466.36 yuan ($65).”

According to Yao, in the first half of this year, key steel enterprises’ energy-saving investment took up seven percent in their total investments, an increase of 0.9 percentage points year-on-year.

Statistics from the CISA showed that in the first half of this year, the total energy consumption of key member enterprises dropped by 1.8 percent year-on-year and comprehensive energy consumption per ton of steel production fell by 0.16 percent.

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Yao Lin: Working together for pollution cuts and carbon reduction to achieve mutually beneficial growth

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