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10 Jul
09:40

China's steelmakers could soon enter national carbon market

The steel industry in China is expected to enter the national carbon market by the end of 2024, meaning steelmakers are required to meet the carbon dioxide emissions target set by authorities annually from 2025, Kallanish learns in the low-carbon transition conference in Rizhao hosted by the China Iron and Steel Association (CISA). In addition to China's carbon neutrality targets, Carbon Border Adjustment Mechanism (CBAM) to be applied in the European Union in …
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