On June 7, the National Development and Reform Commission and other departments issued a notice on the "Special Action Plan for Energy Conservation and Carbon Reduction in the Steel Industry." By the end of 2025, the energy consumption per unit product of blast furnace and converter processes in the steel industry should be reduced by more than 1% compared to 2023, the energy consumption per unit product of electric arc furnace smelting should be reduced by more than 2% compared to 2023, the comprehensive energy consumption per mt of steel should be reduced by more than 2% compared to 2023, and the self-generated electricity rate from residual heat, pressure, and energy will be increased by more than 3 percentage points compared to 2023. From 2024 to 2025, through the implementation of energy conservation and carbon reduction transformation and energy equipment updates in the steel industry, approximately 20 million mt of standard coal will be saved, and about 53 million mt of carbon dioxide emissions will be reduced.

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