Inner Mongolia in North China, now the country’s second-largest coal mining region after Shanxi in North China too and with the most competitive power charges, mulls blocking any new industrial projects including steel, coke, ferroalloys, non-ultra-high electrode graphite and aluminium starting 2021, aiming to rein in on the region’s power consumption mainly by such industrial plants, according to a draft by its Development and Reform Committee.
生产at steel mills, fabrication companies, mines and logistics enterprises in North China are preparing for some disruption to their business over the coming two weeks as Beijing plays host to thousands of visiting party members and officials for the year’s two most crucial political events convening this week.
China Baowu Steel Group (Baowu), the world’s and the country’s top steel producer, has been the first in China’s steel industry to pledge realizing carbon neutral by 2050, or ten years ahead of China’s targeted timeline as a country, Chen Derong, Baowu’s chairman, disclosed in an interview with China’s media.
Nippon Steel Engineering, the engineering arm of Japan’s largest steel producer, has received an order from South Korea’s Posco to supply a Coke Dry Quenching (CDQ) unit, NSE announced on February 8. The CDQ order is the tenth NSE has received from Posco, the company said.
Beijing has been working quietly on carbon emission cuts for a few years but its open pledge in 2020 to peak the country’s carbon emission by 2030 and to achieve carbon neutrality by 2060 has undoubtedly imposed more pressure publicly on the steel industry, the country’s second largest carbon emission source only after the thermal coal power generation.
On December 16 China’s Ministry of Industry and Information Technology (MIIT) released a draft version of the “capacity swap” scheme for the domestic steel industry, listing the detailed guidelines to adhere to for the installation of all the new domestic iron- and steelmaking capacities, and this long-awaited document has been viewed by market insiders as the new code of conduct to shape the country’s steel industry in the future.
China’s Ministry of Ecology and Environment (MEE) has been busy finalizing the winter restriction plan, and it just finished collecting the feedback by October 14 regarding its proposed measures at the Yangtze River Delta including Shanghai, Jiangsu, Zhejiang and Anhui, all in East China, or just two weeks after the feedback collection for the proposal on another seven provinces.
Despite a pandemic-hit 2020, steel mills in Tangshan city, the core steel producing site in North China’s Hebei province, will still be imposed on restrictive measures on their operations over the winter period of October-March 31 whenever necessary, a practice that the local government has adopted since 2017 to control local pollution.
In late September, China’s President Xi Jinping surprised the global community by announcing a hugely ambitious plan to make the country carbon-neutral by 2060. In the three weeks since, I have received a growing number of inquiries from steel industry insiders wondering how the Chinese steel industry will adjust to the low-carbon era.
China’s Ministry of Ecology and Environment (MEE) has requested seven provinces and 10 state-owned energy companies to submit their feedback regarding the ministry’s proposals on winter restriction plans for the upcoming winter by September 30, according to its post on the website on September 28.
Chinese steel mills, traders and end-users have been active in replenishment ahead of China’s upcoming National Day holiday, fearing that trading or transportation might slow down or be halted completely during the long holiday over October 1-8, Mysteel Global has learned from domestic industry sources.
河北削减了47.6毫升T / Y钢材容量超过2018-202020年8月20日
Over the period spanning January 2018 through to last July, North China’s Hebei province, the country’s top steel producing province, had removed a total of 47.6 million tonnes/year of iron and steel capacity, according to a post from the Ministry of Ecology and Environment (MEE) on August 19. This means the provincial government achieved its goal of cutting 40 million t/y by 2020 some five months in advance, Mysteel Global notes.