Asia Pacific > Asia > Higher carbon price needed to support cleaner Chinese steelmaking

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 (Asia), CO2 Management (CCUS), Net Zero Transition (Industrial Decarbonisation)

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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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