Taiwan’s CSC produces world’s first carbon-neutral wire rod

Tuesday, 07 November 2023 15:08:40 (GMT+3)   |   Istanbul
       

Taiwan-based steelmaker China Steel Corporation (CSC) has announced that it has produced 150 mt of the world’s first carbon-neutral wire rod using an electric arc furnace. This is the first step taken by the company towards becoming carbon-neutral by 2050, and is also a big step for Taiwan’s steel industry in terms of decarbonization.

The first batch of carbon-neutral wire rods have been delivered to Taiwan’s Jinhe and Shengyu Steel, which will use these products to produce hexagonal screws. This step will mark the production of Taiwan’s first carbon-neutral green steel products.

As SteelOrbis reported previously, UK-based plantmaker Primetals Technologies has been selected by CSC to conduct a decarbonization study to help the latter reduce carbon emissions at its Kaohsiung plant in Taiwan by 25 percent by 2030.


Similar articles

Wire rod prices in Taiwanese domestic market - week 17, 2024

26 Apr | Longs and Billet

Stability in southern Europe longs market amid weak demand

26 Apr | Longs and Billet

Romanian mill cuts rebar prices amid very slow demand, traders’ offers stable

25 Apr | Longs and Billet

Ex-China wire rod prices stable, ex-ASEAN mills aim higher amid non-VAT inspections

25 Apr | Longs and Billet

Saudi Arabia’s Hadeed once again keeps offers stable for May

25 Apr | Longs and Billet

Turkey’s Kardemir cuts its wire rod prices

25 Apr | Longs and Billet

Turkey’s Kardemir reduces its wire rod prices for engineering grade products

25 Apr | Longs and Billet

Bulgarian longs market moves down amid sluggish demand

25 Apr | Longs and Billet

Stocks of main finished steel products in China down 5.4% in mid-April

25 Apr | Steel News

China issues serious warnings to non-VAT exporters, effect on prices too uneven so far

24 Apr | Flats and Slab