Insight
Can China's steel industry help meet the national target to reduce emissions by 2030?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
CO2 emissions generated by China’s steel industry will peak in 2021. This supports the government’s claim that it will be able to cap its total emissions level by 2030. However, this peak is primarily because of lower rather than cleaner steel production. Further, the anticipated reduction in steel industry emissions won’t be enough to meet the Paris Agreement’s longer-term aim to keep the rise in global average temperature to well below 2 °C above pre-industrial levels. Even if advanced technologies that reduce CO2 emissions are applied to blast furnaces nationwide, a further 87 Mt of emissions still needs to be reduced by 2030 – highlighting the scale of the challenge to come for China's steel industry.
Table of contents
- Iron ore agglomeration
- Coking
- Blast furnace
- Basic oxygen furnace
- Continuous casting
- Hot rolling
- Captive power plant
- Electric arc furnace
Tables and charts
This report includes 4 images and tables including:
- BF-BOF scope 1 emissions by process and raw material, kg CO2/t crude steel
- BF-BOF scope 2 emissions by process and energy type, kg CO2/t crude steel
- EAF scope 1 emissions by process and raw material, kg CO2/t crude steel
- EAF scope 2 emissions by process and energy type, kg CO2/t crude steel
What's included
This report contains:
Other reports you may be interested in
Insight
Australia drafts technology roadmap to lower emissions but implementation is key
A market mechanism is essential to accelerate the transition
$1,050
Insight
Gas watts up: exploding data center growth and what it means for the US gas market
Today’s data centers are power hungry and its growth trajectory highly uncertain
$950
Insight
Iron ore energy transition outlook 2024
Shifting sands: iron ore’s path in the net zero era
$10,000
