Steel industry carbon reduction path

In-depth understanding of the impact of the national carbon neutrality target on the steel industry chain during the "14th Five-Year Plan" period, formulate emission reduction targets according to the current carbon emission situation of enterprises, and formulate specific emission reduction measures at the asset level, calculate their emission reduction potential and investment return, namely economic benefits, investment costs, operating costs and risk estimates, and find the most feasible and economical carbon emission reduction path.

Second, in time to analyze the impact of carbon neutral transition on demand, to capture the growth of customer groups

Assess the demand changes of major downstream customers in a low-carbon environment and find low-carbon growth points. For new growth opportunities, analyze the potential revenue to identify key development directions and develop entry plans. For example, the advance layout of scrap recycling enterprises to ensure scrap supply, the scientific evaluation of the selection of long and short processes in the process of capacity upgrading and replacement, special steel enterprises can explore new export opportunities brought by "zero-carbon steel products", and so on.

Third, plan ahead, predict the impact of carbon neutral transformation on the steel industry chain, and lay out potential opportunities in advance

For steel enterprises, in the medium and long term, it is necessary to evaluate the industrial layout of carbon capture or hydrogen steelmaking technology in the future according to local conditions. Leading companies in the steel industry can also consider entering emerging areas such as new energy, electric vehicles, hydrogen energy, biomass energy and carbon capture, and take the lead in investing in the new wave of low-carbon technologies in the next decade.