

{"id":6201,"date":"2025-06-01T14:10:17","date_gmt":"2025-06-01T10:40:17","guid":{"rendered":"https:\/\/steelworldreview.com\/with-declining-exports-and-growing-excess-capacity-chinas-steel-industry-is-facing-the-challenge-of-transitioning-to-green-production-and-controlling-widespread-emissions\/"},"modified":"2025-06-01T14:19:08","modified_gmt":"2025-06-01T10:49:08","slug":"china-steel-green-transition","status":"publish","type":"post","link":"https:\/\/steelworldreview.com\/en\/china-steel-green-transition\/","title":{"rendered":"With declining exports and growing excess capacity, China&#8217;s steel industry is facing the challenge of transitioning to green production and controlling widespread emissions."},"content":{"rendered":"<p style=\"text-align: justify;\">In 2024, China reached a peak by exporting 110 million tonnes of steel. However, it is now dealing with falling demand, trade barriers, and a crisis of overcapacity. It is projected that exports will drop to 75 million tonnes over the next 6 to 8 quarters.<\/p>\n<p style=\"text-align: justify;\">Weak domestic demand and shrinking exports have resulted in 50 million tonnes of excess capacity, which could rise to 250 million tonnes by 2035.<\/p>\n<p style=\"text-align: justify;\">As the world moves towards green steel, China faces several significant challenges:<br \/>\nIndustry fragmentation (200 companies and 360 plants)<br \/>\nLow average age of blast furnaces (12 years)<br \/>\nInsufficient renewable energy sources near industrial zones<\/p>\n<p style=\"text-align: justify;\">With annual carbon emissions of 2.2 gigatonnes, China&#8217;s steel industry is one of the most carbon-intensive in the world. Yet, only 15% of global green steel projects are located in China.<\/p>\n<p style=\"text-align: justify;\">Proposed Solutions to Overcome the Crisis:<br \/>\nConsolidating producers (target: top 10 companies to hold 60% market share by 2025)<br \/>\nPhasing out high-polluting plants<br \/>\nReplacing blast furnaces with Electric Arc Furnaces (EAF)<br \/>\nSetting a minimum carbon price of $60 per tonne<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2024, China reached a peak by exporting 110 million tonnes of steel. However, it is now dealing with falling demand, trade barriers, and a crisis of overcapacity. It is projected that exports will drop to 75 million tonnes over the next 6 to 8 quarters. Weak domestic demand and shrinking exports have resulted in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6204,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard"},"jnews_primary_category":[],"jnews_review":[],"enable_review":"","type":"","name":"","summary":"","brand":"","sku":"","good":[],"bad":[],"score_override":"","override_value":"","rating":[],"price":[],"jnews_override_counter":[],"footnotes":""},"categories":[248,240],"tags":[],"class_list":["post-6201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-environment","category-world_steel_news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>With declining exports and growing excess capacity, China&#039;s steel industry is facing the challenge of transitioning to green production and controlling widespread emissions. - steelworldreview<\/title>\n<meta name=\"description\" content=\"Chinese Steel in the Post-Peak Era | The Difficult Road to Green Production\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/steelworldreview.com\/en\/china-steel-green-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"With declining exports and growing excess capacity, China&#039;s steel industry is facing the challenge of transitioning to green production and controlling widespread emissions.\" \/>\n<meta property=\"og:description\" content=\"Chinese Steel in the Post-Peak Era | The Difficult Road to Green Production\" \/>\n<meta property=\"og:url\" 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