Orderly guide blast furnace long process steelmaking to electric furnace short process steelmaking.

On December 7, Hesteel Group and BHP Billiton signed a cooperation agreement on strengthening industrial carbon reduction in steel production in Shanghai, which is based on the common value concept of tackling global climate change and the sustainable development strategy in the same direction, aiming to provide a new paradigm for the establishment of a deep carbon reduction model for the upstream raw material end of the steel industry.

The State Council issued the “Action Plan for Continuous Improvement of Air Quality”, which mentioned that new steel production capacity is strictly prohibited. Orderly guide blast furnace long process steelmaking to electric furnace short process steelmaking. Eliminate backward coal smelting capacity, and realize the systematic layout of the whole industrial chain and the whole value chain of coordinated carbon reduction mode.