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SOURCE / ECONOMY Nation to cut steel output as it targets carbon neutrality By Chi Jingyi and Tao Mingyang Published: Mar 03, 2021 09:28 PM An alloy bar production line at a steel producer in Ma anshan in East China s Anhui Province on November 11 Photos: cnsphoto The price of screw-thread steel hit 4,910 yuan ($759.5) per ton on Wednesday, the highest since October 2011, after several provinces announced plans to limit steel production to reduce carbon emissions. Since the start of the Spring Festival, Tangshan in North China s Hebei Province has been among those provinces.  Tangshan said that it will implement total volume controls on a pilot basis in the steel industry and gradually extend those controls to coking, cement, power and the foundry industry. The overall goal is to reduce emissions, including carbon emissions, by more than 40 percent from 2020 levels.

United kingdomWang guoqingXiao yaqingLange steel information research centerJingye groupChina national coal association onInformation technology onMinistry of industryEast chinaAnhui provinceSpring festivalNorth chinaHebei provinceInformation technologyBeijing lange steel information research centerGlobal times