China insight
Integrated project crucial in green power leap
According to Deng, by the end of 2023, Northwest China had installed 222 GW of wind and solar capacity, and over 10 GW of battery storage projects. |
Installed capacity of new energy in southern China grow rapidly
China has committed to the dual carbon goals of peaking carbon emissions before 2030 and achieving carbon neutrality before 2060. |
Prices of most capital goods fall in China
The figures, released every 10 days, are based on the survey of nearly 2,000 wholesalers and distributors in 31 provincial-level regions across the country. |
Rise of green ferro-alloys in China led by lower electricity costs; challenges remain
China produced 34.65 million tonnes of ferro-alloys in 2023, up by 1.4% from 34.17 tonnes in 2022, according to data from the country’s National Bureau of Statistics. |
China’s manufacturing sector tipped to lead steel demand, overtaking sluggish construction sector
But demand for long steel products is set to remain subdued, given the poor demand outlook from the construction sector, Zuo added. |
Experts stress green upgrade in steel sector
The CBAM puts a price on the carbon emitted during the production of carbon intensive goods entering the EU. It started trial operation in October last year, and will be implemented from 2026 onward. |
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