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China's metallurgy sector aims for quality growth

Металлургический сектор Китая стремится к качественному росту
By 2025, China's steel industry is committed to quality growth with more advanced technology and equipment, stable supply of resources, higher intelligence, improved global competitiveness, and reduced emissions.

These were the main goals set in the development guide jointly issued by the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the Ministry of Ecology and Environment.

The innovation capacity of the sector will be greatly increased, with the investment intensity in R&D, the numerical control rate of key processes and the digitalization rate of manufacturing equipment reaching 1.5 percent, 80 percent and 55 percent respectively, the guide notes, adding that more than 30 smart factories will be built. by 2025.

The guidance says that steel production for electric furnaces will be increased to more than 15 percent of China's total crude steel production by then, amid efforts to further optimize the industrial structure.

To achieve peak carbon emissions by 2030, China will upgrade more than 80 percent of its steel production capacity to achieve ultra-low emissions, reduce overall energy consumption per tonne of steel by more than 2 percent, and reduce water consumption intensity by more than 10 times. percent, according to the manual.


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