Analysis of The Transformation of the Iron and Steel Industries in China and The US Towards Decarbonisation

Analysis of The Transformation of the Iron and Steel Industries in China and The US Towards Decarbonisation PDF Author: John Hutchinson
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This research delves into the transformation of the iron and steel industries in China and the US concerning decarbonization. The global shift from fossil fuels is imperative as the climate crisis escalates. The iron and steel industry is central to this narrative, significantly contributing to global emissions.Through a rigorous analysis, this study illuminares the industry's evolving trajectory towards sustainable, low-carbon processes. The research uses a bottom-up optimization model to assess potential decarbonization pathways for both nations. Results indicate dicernible shifts in operating capacities and consequent carbon emissions. Notably, the US is better positioned to archieve its decarbonization objectives, attributable to its pre-existing stategies and infrastructure. This study underscores the importance of proactive measures and global collaboration in seeking a sustainable future for the iron and steel industry.

Analysis of The Transformation of the Iron and Steel Industries in China and The US Towards Decarbonisation

Analysis of The Transformation of the Iron and Steel Industries in China and The US Towards Decarbonisation PDF Author: John Hutchinson
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
This research delves into the transformation of the iron and steel industries in China and the US concerning decarbonization. The global shift from fossil fuels is imperative as the climate crisis escalates. The iron and steel industry is central to this narrative, significantly contributing to global emissions.Through a rigorous analysis, this study illuminares the industry's evolving trajectory towards sustainable, low-carbon processes. The research uses a bottom-up optimization model to assess potential decarbonization pathways for both nations. Results indicate dicernible shifts in operating capacities and consequent carbon emissions. Notably, the US is better positioned to archieve its decarbonization objectives, attributable to its pre-existing stategies and infrastructure. This study underscores the importance of proactive measures and global collaboration in seeking a sustainable future for the iron and steel industry.

The Road Map of China's Steel Industry

The Road Map of China's Steel Industry PDF Author: Xinchuang Li
Publisher: Springer Nature
ISBN: 9811520747
Category : Technology & Engineering
Languages : en
Pages : 501

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Book Description
This book explores the principles of supply-side structural reform and current practices in the Chinese steel industry. Focusing on the general requirements for high-quality development, it reviews the evolution of the global and Chinese steel industries with regard to reduction, innovation, and transformation. It also summarizes industrial development law from a transfer route perspective, analyzes major challenges and opportunities for the steel industry in the new era, and proposes strategic orientation and implementation measures for the future development of the steel industry. The book contends that high-quality development of the steel industry must be driven by innovation, and it is essential to promote integrated development based on several aspects – greenness, coordination, quality, standardization, differentiation, service, intelligence, diversification, and internationalization – in order to reshape the industrial value chain and continuously improve industrial competitiveness. This concept is essential to help Chinese steel companies prepare development plans for transformation and upgrading. Combining thorough analysis, unique insights, and many practical cases, the book offers a guide to and inspiration for future implementation approaches.

The Chinese Steel Industry's Transformation

The Chinese Steel Industry's Transformation PDF Author: Ligang Song
Publisher: Edward Elgar Publishing
ISBN: 178100661X
Category : Technology & Engineering
Languages : en
Pages : 193

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Book Description
'Chinese economic reform and opening to the international economy since the late 1970s have changed the country and the world. The developments in the steel industry through the reform period are central to those changes, illuminative of them, and of immense significance in themselves. This book throws new light on these historic changes for Chinese and foreign readers alike.' - From the foreword by Ross Garnaut, University of Melbourne, Australia

Growth Mechanisms and Sustainability

Growth Mechanisms and Sustainability PDF Author: Jun Ma
Publisher: Springer Nature
ISBN: 9811624860
Category : Business & Economics
Languages : en
Pages : 283

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Book Description
This book provides a broad investigation of various issues in East Asia’s steel industry since the 1980s, including international specialization and trade relations, the sustainable use of resources, technological innovations, and environmental mitigation, alongside a consideration of the rapid growth in Chinese steel industry. Using macro and firm-level data, and case studies based on field research to discuss issues concerning the steel industry in East Asia. In search of an easy understanding, we try to simplify complicated economic models and statistical analyses, and concentrate on policy implications based as much as possible on the results of empirical analyses. We believe that this book will be of interest to policymakers, economists, practitioners and advocates of sustainability.

The Challenge of Addressing the Impact of China's Crude Steel Production on Climate Change

The Challenge of Addressing the Impact of China's Crude Steel Production on Climate Change PDF Author: Siang-Huei Liao
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
As greenhouse gas emissions from human activities rise, they accumulate in the atmosphere, warm the climate, and lead to a variety of other effects around the planet. The iron and steel industry has played a crucial role in shaping the modern world as we know it today, and is indispensable material that has been instrumental in driving economic growth and development globally. However, it contributes broadly to the overall carbon footprint of the economy and its environmental impacts. Steel production requires a lot of energy and often makes up a large portion of a nation's energy consumption. This paper discusses the status of steelmaking in China, the current CO2 intensity and emission rates, and the potential for advanced technologies and policies for reducing future emissions in the steel industry. Technologies include green hydrogen as a reducing agent, use of the direct reduced iron-electric arc furnace (DRI-EAF) process, and coupling with optimizing the EAF production process, blast furnace (BF) structure, and nuclear hydrogen transformation to reduce coal consumption. Moreover, the paper discusses where improvements in energy efficiency, steel recycling, carbon capture and storage, and alternative energy sources could help reduce carbon emissions in the long term. This research also analyzes existing policies and strategies that guide development of the iron and steel industry, and explores the CO2 emissions from steel production. Proposed policy ideas for regulating or encouraging industry to decrease its contribution of CO2 emissions, include financial incentives and support for enterprises adopting DRI-EAF steelmaking and hydrogen technology. China's commitment to low-carbon industrial development and green manufacturing is crucial to changing how steel is produced and the degree of emission reductions. A rapid change in the iron and steel industry is essential for sustainable development in the face of the climate crisis

China's Steel Industry and Its Impact on the United States: Issues for Congress

China's Steel Industry and Its Impact on the United States: Issues for Congress PDF Author: Rachel Tang
Publisher: CreateSpace
ISBN: 9781481849258
Category :
Languages : en
Pages : 32

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Book Description
China's steel industry has grown significantly since the mid-1990's. China is now the world's largest steelmaker and steel consumer. In 2009, China produced over 567 million tons of crude steel, nearly half of the worlds steel. That was 10 times the U.S. production.

The Steel Industry of China

The Steel Industry of China PDF Author: William Thomas Hogan
Publisher: Lexington Books
ISBN: 9780739100813
Category : Business & Economics
Languages : en
Pages : 102

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Book Description
China currently produces more crude steel than any other country in the world. This book, by an internationally acknowledged expert on the world steel industry, covers all aspects of the steel industry in China. It begins with an outline of the existing steel plants and smaller mills and describes four major mergers in the industry, which indicate a trend toward the consolidation of smaller plants into larger integrated units. Hogan analyzes the major steel markets--including the automotive industry, shipbuilding, appliances, railroads, construction, containers, and oil and gas--in terms of their recent growth, and examines China's raw-materials output. He presents new technologies being developed and used, and discusses the future of the Chinese steel industry. Hogan successfully argues, using historical and current data (much of it difficult to obtain), that one of the centers of recent Chinese industrial strength is its steel industry, which should be watched carefully. Steel industry analysts and scholars of global industry and economics will find this book invaluable.

Energy Technology Transitions for Industry

Energy Technology Transitions for Industry PDF Author: International Energy Agency
Publisher: OECD
ISBN:
Category : Business & Economics
Languages : en
Pages : 338

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Book Description
Industry accounts for one-third of global energy use and almost 40% of worldwide CO2 emissions. Achieving substantial emissions reduction in the future will require urgent action from industry. What are the likely future trends in energy use and CO2 emissions from industry? What impact could the application of best available technologies have on these trends? Which new technologies are needed if these sectors are to fully play their role in a more secure and sustainable energy future? Energy Technology Transitions for Industry looks at these questions through detailed sectoral and regional analyses, building on IEA findings, such as Energy Technology Perspectives 2008: Scenarios and Strategies to 2050. It contains new indicators and methodologies as well as scenario results for the following sectors: iron and steel, cement, chemicals, pulp and paper and aluminium sectors. The report discusses the prospects for new low-carbon technologies and outlines potential technology transition paths for the most important industrial sectors.

Asian Crucible

Asian Crucible PDF Author: Gilbert Etienne
Publisher: SAGE Publications Pvt. Limited
ISBN:
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
Recognizing the urgent need for expansion of the steel industry in both India and China, the authors of this comparative study analyze present deficiencies and assess possible remedies.

A Comparison of Iron and Steel Production Energy Use and Energy Intensity in China and the U.S.

A Comparison of Iron and Steel Production Energy Use and Energy Intensity in China and the U.S. PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
Production of iron and steel is an energy-intensive manufacturing process. In 2006, the iron and steel industry accounted for 13.6% and 1.4% of primary energy consumption in China and the U.S., respectively (U.S. DOE/EIA, 2010a; Zhang et al., 2010). The energy efficiency of steel production has a direct impact on overall energy consumption and related carbon dioxide (CO2) emissions. The goal of this study is to develop a methodology for making an accurate comparison of the energy intensity (energy use per unit of steel produced) of steel production. The methodology is applied to the steel industry in China and the U.S. The methodology addresses issues related to boundary definitions, conversion factors, and indicators in order to develop a common framework for comparing steel industry energy use. This study uses a bottom-up, physical-based method to compare the energy intensity of China and U.S. crude steel production in 2006. This year was chosen in order to maximize the availability of comparable steel-sector data. However, data published in China and the U.S. are not always consistent in terms of analytical scope, conversion factors, and information on adoption of energy-saving technologies. This study is primarily based on published annual data from the China Iron & Steel Association and National Bureau of Statistics in China and the Energy Information Agency in the U.S. This report found that the energy intensity of steel production is lower in the United States than China primarily due to structural differences in the steel industry in these two countries. In order to understand the differences in energy intensity of steel production in both countries, this report identified key determinants of sector energy use in both countries. Five determinants analyzed in this report include: share of electric arc furnaces in total steel production, sector penetration of energy-efficiency technologies, scale of production equipment, fuel shares in the iron and steel industry, and final steel product mix in both countries. The share of lower energy intensity electric arc furnace production in each country was a key determinant of total steel sector energy efficiency. Overall steel sector structure, in terms of average plant vintage and production capacity, is also an important variable though data were not available to quantify this in a scenario. The methodology developed in this report, along with the accompanying quantitative and qualitative analyses, provides a foundation for comparative international assessment of steel sector energy intensity.