GCBC Logo

Autos, Buildings, Renewables: Finding China’s Green Steel Buyers

Share:
Autos, Buildings, Renewables: Finding China’s Green Steel Buyers

Year Published

2024

Contributing Organizations

Asia Research & Engagement (ARE)

Type of Resource

Research/Insights Report

Languages

English

Relevant Topics

Core Topic
Mining & Metals
Topic 2
Renewables
Topic 3
Buildings & Real Estate

Target Audience

Accelerators
Other
Real Economy Corporates

Relevant Geography

Asia & the Pacific
Autos, Buildings, Renewables: Finding China’s Green Steel Buyers

Resource Description

This resource examines how demand-side action can accelerate the adoption of green steel in China by identifying industries best positioned to act as early buyers. It assesses China’s steel landscape, defines green steel, and explores pathways for scaling demand in line with carbon neutrality goals

Why This Matters

By showing how targeted procurement by key industries can create credible demand signals, this resource supports policymakers, corporates, and financial actors seeking to scale green steel and advance China’s decarbonization objectives.

Key Insights

  • China’s steel industry accounts for around 17% of national greenhouse gas emissions, with green steel supply currently close to zero
  • Identifies the automotive, property construction, and renewable energy sectors as the most viable early adopters
  • Estimates these sectors could generate up to 10 million tonnes of green steel demand annually by 2030, helping unlock investment in low-carbon production

Was this resource helpful?

We'd love to hear from you! You can share your feedback or suggest a resource below.

Share Your FeedbackSuggest a Resource