Higher carbon price needed to support cleaner Chinese steelmaking

Published 13:14 on April 3, 2025  /  Last updated at 13:14 on April 3, 2025  / /  Asia Pacific, China

China’s carbon price will need to rise if cleaner and greener forms of steelmaking are to take hold despite a ‘tsunami’ of scrap steel that can be fed into cleaner furnaces coming in 2035, a consultancy said this week.
China’s carbon price will need to rise if cleaner and greener forms of steelmaking are to take hold despite a ‘tsunami’ of scrap steel that can be fed into cleaner furnaces coming in 2035, a consultancy said this week.


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