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China's first million-ton zero-carbon steel production line starts operation

China

China

China

China's first million-ton zero-carbon steel production line starts operation

2025-12-24 17:01 Last Updated At:12-25 00:07

China's first million-ton near-zero-carbon steel production line began full-capacity operation in Zhanjiang City, south China's Guangdong Province, on Tuesday, marking a major breakthrough for the country's steel industry in advancing low-carbon development.

The production line employs an advanced hydrogen-based reduction and electric smelting process, with hydrogen as the primary fuel replacing traditional coke, significantly cutting carbon emissions.

It offers a novel pathway for China's steel industry to break free from its deep reliance on fossil fuels.

Direct reduced iron produced by the core hydrogen-based vertical furnace achieved the targeted metallization rate. And high-efficiency green facilities like electric furnaces further enhance energy utilization efficiency.

Compared to traditional processes, this new production line reduces carbon emissions by 50 percent to 80 percent.

The hydrogen-based steelmaking technology revolutionizes the conventional energy-intensive and polluting smelting process, making steel production increasingly low-carbon.

"The million-ton near-zero-carbon steel production line reduces carbon emissions by over 3.14 million tons annually, equivalent to restoring 2,000 square kilometers of forest. It provides a model for the low-carbon transformation of steel enterprises and contributes to the high-quality development of the steel industry," said Wang Hongliang, a staff member of the China Baowu Steel Group Corporation Limited.

China's first million-ton zero-carbon steel production line starts operation

China's first million-ton zero-carbon steel production line starts operation

The European Union is facing the risk of a stagflationary shock as the ongoing conflict in the Middle East is driving up energy prices and clouding the economic outlook, European Commissioner for Economy Valdis Dombrovskis said on Monday.

The European Commission's spring 2026 economic forecast, to be released later this week, will see economic growth figures adjusted down and inflation figures up, said Dombrovskis during an interview while attending a meeting of finance ministers from the Group of Seven (G7) in Paris.

With the Strait of Hormuz closed and oil prices staying above 100 U.S. dollars per barrel, fears of stagflation have risen in recent weeks, said Dombrovskis, adding that the margin of action by policymakers is "more limited" now.

The commissioner said it's important that the bloc take temporary, targeted support measures rather than measures that sustain high demand for fossil fuels.

Dombrovskis also described the EU's release of strategic oil reserves as "ongoing," while warning of concerns about shortages in areas such as innovative fuels.

The International Energy Agency Executive Director, Fatih Birol, said on Monday that commercial oil stocks are declining "rapidly", with several weeks of supply left due to the consequences of the conflict in the Middle East.

Europe could face fuel shortages by the end of this month.

EU at risk of stagflation amid Middle East conflict: commissioner

EU at risk of stagflation amid Middle East conflict: commissioner

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