Forging ahead toward a greener future, China is ever more committed to transforming its steel industry into a low carbon-emitting one amid the global economy's march toward producing net-zero carbon emissions.

Doosan Heavy Industries Vietnam shipped 331 tonnes of steel structures to Japan’s IHI Transport Machinery in Fukushima prefecture on May 20.

Chinese authorities have admonished key enterprises in the bulk commodity sector to rein in market irregularities and keep commodity prices stable, according to the National Development and Reform Commission (NDRC).

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 169.5 million tonnes (Mt) in April 2021, a 23.3% increase compared to April 2020.

Through its subsidiary, Dinson Colliery, Tsingshan is building a 300,000 tons per year coking plant, the largest and most advanced coke oven in Zimbabwe.

To be sure, stripping the industry of its overcapacity will help it to reshape itself, so as to align with the country's pursuit of high-quality development.

China's national-level carbon emissions trading system is expected to be a significant lever for the steel industry's carbon emissions reduction and structural optimization, experts said.

The company's order intake increased by 14 percent year-on-year and reached 8.6 billion euros.