Ferro-alloys is a highly energy-intensive industry and one of the key sectors attracting the attention of government departments and industry market participants over its progress in terms of its green development.

 

By 2025, the share of China’s ferro-alloys capacity meeting or surpassing industry energy efficiency standards is expected to reach 30%; unqualified capacity of ferro-silicon and silicon-manganese will be almost certainly be shut down; and the high-carbon ferro-chrome industry’s energy savings and carbon emission cuts will have achieved great progress, according to the National Development & Reform Commission’s March 2022 publication ‘Upgrading Guide of Ferroalloy Industry Energy Saving and Carbon Emission Reduction.’

 

And in February 2023, the China Metallurgical Industry Planning & Research Institute and China Iron & Steel Association (CISA) announced plans to jointly conduct green certification of the ferro-alloys industry to recognize the construction of green manufacturing systems in China. 

 

“Carbon emissions reductions have been gradually [introduced] in the steel industry,” Yong Wu, from CISA’s Raw Materials department, said. “[And the] ferro-alloys industry should be seriously taking green development into consideration and make preparations for change.” fastmarkets