China to give steel sector more time to achieve carbon-peaking target

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Chinese government will give more time to the country's steel sector to achieve carbon-peaking target in a bid to avoid campaign-style carbon reduction and excessive disruptions to steel production.

China aims to have its steel sector reach carbon-peaking target by 2030, according to a guideline on promoting high-quality development of the steel industry released by the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the . . .

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