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Read our latest steel market analysis, including developments in Scope 1, 2 and 3 emissions, green steel premiums, market forecasts and more
Jinnan Iron & Steel Group is the latest company to join the push to expand China’s steelmaking footprint in the Middle East and is working with Brazil’s Vale to establish an iron ore concentration plant at the Sohar Port and Freezone in Oman, Fastmarkets understands.
China’s ferro-alloy industry continues to track toward sustainable development, focusing on decarbonization as a foundation and utilizing renewable energy and advanced technologies to reduce electricity consumption, waste gas and slag.
Fastmarkets is launching reduced carbon emissions flat steel prices for China’s domestic market, starting from Friday October 11.
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