How do traditional steel companies seek green transformation?

- Feb 05, 2019-

China Metallurgical Science and Industry Group Co., Ltd. (hereinafter referred to as "China Metallurgical") General economist Zhohishun 26th, said in an interview with the Chinese news agency, the current construction of the system steel environmental protection projects accounted for more than 90% of the domestic steel market, accounting for more than 60% of the steel market, the plan for the future accounted for 80%. Gaodong, deputy director of the Department of Energy Conservation and comprehensive Utilization of the Ministry of Information and Industry, said at the 2014 (fifth session) China Iron and steel energy conservation and emission Reduction forum that the average level of industrial energy consumption in China is now 1.8 times times, 2 to 4 times times that of developed. Iron and steel cement and other industries unit product energy consumption is still high up to 10%-20% or so.

Iron and steel industry to resolve overcapacity, speed up energy conservation and emission reduction is urgent. In 2015, the newly promulgated Law on Environmental protection of the People's Republic of China began to be implemented.

According to the actual investment situation of the iron and steel industry, to meet the new emission standards, the preliminary estimate of tons of steel environmental investment needs to increase 13%, tons of steel operating costs increased by about 200 yuan (RMB, the same below), more than 40% increase before the implementation. Under multiple pressures, China's large iron and steel enterprises and metallurgical engineering contractors are focusing on speeding up the industrial green transformation and upgrading. China Metallurgical Huatian Engineering Technology Co., Ltd., the environmental protection sector accounted for about 20% of the current assets, by China Metallurgical Group Construction of the Masteel New Area Project one year of energy-saving environmental protection facilities operating funds more than 1.7 billion yuan, accounting for about 5% of the total investment.

Yan Hua, deputy general manager of Masteel Group, introduced the development of energy saving and emission reduction technology and two comprehensive utilization technology of resources in Masteel project, the use of low consumption, low emission, high efficiency recycling economy production process, its flue gas emission standard of 0.0025-0.005 ng/cubic meter, has far exceeding the EU standards.

The application of a variety of new energy-saving technology has realized the high consumption, low sulfur and low carbon under the requirement of efficient treatment and harmless control of pollutants in iron and steel production, the comprehensive utilization rate of solid waste is 99.4%, and the safe disposal rate of hazardous waste reaches 100%. In addition, China Metallurgical group in the steel construction, steel investment field to implement the "go out" strategy, and actively explore overseas markets.

SASAC News, March 27, China Metallurgical Group, Masteel and Kazakhstan Ferrum Company jointly signed the Kazakhstan 1 million tons/year comprehensive steel plant project joint venture company memorandum, led to the export of Chinese metallurgy and supporting equipment, but also in line with China's surplus high-quality capacity transfer development direction. A number of large Chinese steel companies have also accelerated the pace of green transformation. Baosteel adheres to the concept of "environmental management", innovating energy-saving management technology, saving energy greatly, reducing consumption, reducing emissions, and realizing cleaner production.

Pangang vanadium steelmaking plant low carbon smelting "green steel", 2014 total carbon dioxide emissions reduced by 35%. In an interview with China News agency, Yan Hua said that energy conservation and emission reduction is an inevitable choice for iron and steel enterprises to enhance their competitiveness, but also the social responsibility of enterprises. In the future, steel enterprises will continue to increase investment efforts, speed up the transformation of enterprises from resource consumption to resource-saving, environment-friendly enterprises, promote the transformation and upgrading of enterprises, and truly achieve environmental protection steelmaking, green development.