【SMM Steel】Taiwan’s CSC plans NT$373 million investment for low-carbon steelmaking R&D

【SMM Steel】China Steel Corporation (CSC), Taiwan’s largest carbon steel producer, has announced a NT$373 million investment to accelerate research and development in low-carbon iron and steelmaking technologies. CSC President Shou-Tao Chen stated that, beyond practical carbon management, the company has established a “Blast Furnace Low-Carbon Ironmaking Technology Development” team, working with 13 academic and research institutions and 26 experts to advance breakthrough technologies. This initiative aligns with CSC’s “2 Axes, 3 Transitions” strategy, which focuses on High-value steel and green energy development, Digital transformation, Low-carbon transition and Supply chain optimisation.

Since 2018, CSC has cut carbon emissions by 15.2%, completing 868 emission reduction projects. In 2024, the company’s green revenue share reached 32.6%, supported by high-strength automotive steel and recycled steel products.