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05 Jun
10:22

Baosteel: Hydrogen steelmaking increases costs by 30%-50%

Baowu Group's Baosteel listed subsidiary held a meeting with institutional investors last week, and introduced the company's low-carbon metallurgy development and overseas expansion plans in detail at the meeting. Baosteel said that due to the shortage of scrap steel supply and insufficient supply of "green electricity", the steel mill will focus on blast furnace smelting to reduce carbon emissions instead of building electric arc furnaces, Kalla…
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