This report identifies the key industries that can drive the adoption of green steel to help China meet its carbon neutrality goals. China’s steel industry, the world’s largest, emits 17% of the country’s greenhouse gases. Despite producing 1.02 billion tonnes of crude steel in 2023, green steel supply remains close to zero.

This report highlights the automotive, property construction, and renewable energy sectors as pivotal early adopters, capable of generating demand for up to 10 million tonnes of green steel annually by 2030. It outlines actionable strategies for these industries to reduce emissions, stimulate investment in clean production technologies, and overcome adoption barriers.