BEIJING, Mar. 8 (INP) - Green and low-carbon transformation has become a general trend of global development. Therefore steel industry has to keep abreast with times. "It has also become an inevitable choice for shaping the core competitiveness of steel companies," noted Wang Lanyu, a deputy to the 14th National People's Congress (NPC), and President of Hebei Iron and Steel Group (HBIS), one of the world's largest steelmakers, according to China Economic Net (CEN). "We've made big efforts to push green transformation," said Wang Lanyu, adding that The first phase of a 1.2-million-tonne hydrogen metallurgy demonstration project, the world's first of its kind in hydrogen energy development and utilization, was completed, leading the direction of utilizing hydrogen energy in the country's steel industry.

Also, in April 2016 HBIS purchased Smederevo Steel mill and HBIS Serbia Company was incorporated and become a showpiece of China Mid-east European Country Industrial Cooperation and Belt & Road Initiative. In Wang Lanyu's view, as a resource and energy intensive industry, the steel industry still has a long way to go to accelerate green transformation and development. At this year's Two Sessions, Wang offered suggestions on accelerating the realization of the value of low-carbon steel materials, speeding up the construction of green transformation demonstration areas in the steel industry, and improving the green energy consumption support system of the steel industry. As China has promised to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060, it is committed to transforming the steel industry into a low carbon-emitting one amid its long-term green pledges. 

Credit: Independent News Pakistan (INP) — Pak China