Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
China’s steel industry is heading toward a major green transformation, with cleaner production methods expected to cut sector emissions by 37% from peak levels by 2035. A faster shift toward electric arc furnace (EAF) steelmaking could reduce dependence on carbon-heavy blast furnace production, while also improving profitability and long-term sustainability.
The move comes as China’s steel output and domestic demand continue to soften, pushing producers to rethink strategy in a more competitive global market. Higher green steel output could also strengthen China’s position as carbon-border rules such as the EU’s CBAM reshape international trade.
For the steel market, this transition is more than an environmental story. It signals a structural change that could influence steel prices, export competitiveness, production economics, and the future of low-carbon steel investments across Asia and beyond.
Also Read : Seasonal Demand: China's steel output and demand expected to rise in September Foreign automakers raise exports as China sales remain weak
The European Union's Carbon Border Adjustment Mechanism (CBAM) is poised to significantly impact Ind...
Business 07-Aug-2024
Iron Ore Prices Slip as China’s Steel and Property Sectors Show WeaknessChina's iron ore price...
China 16-Jul-2025
The growth of eight key infrastructure sectors slowed to a 15-month low of 3.6% in January, on accou...
Business 29-Feb-2024
A major fire broke out at Power Plant-2 of the Bhilai Steel Plant in Chhattisgarh after an exp...
Business 07-Apr-2026
China has announced a new two-year plan for its steel industry, setting a target of 4% annual value-...
China 22-Sep-2025
Seasonal demand, low inventories, and strong exports expected to drive market momentum China’...
China 10-Sep-2025