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09 Mar
08:16

Chinese steelmakers seen slow adopting carbon trading system

China's national carbon trading system will be launched in 2017, in accordance with the 2015 US-China Joint Presidential Statement on Climate Change. This could eventually increase steelmaking costs and boost industrial restructuring. The China Iron & Steel Association (CISA), however, notes that the concept of carbon trading is still unfamiliar to most steel companies, Kallanish notes. CISA held a seminar on carbon management and tra…
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