China revises steel capacity replacement policy to accelerate decarbonization
UNVERIFIED·Primary source · Eco-Business
China's industry ministry introduced new rules for steel capacity replacement, ending a two-year suspension.
The 2026 revision increases the retirement-to-addition ratio to 1.5:1 and excludes long-idled capacity.
The policy aims to modernize the sector and support the transition to electric arc furnaces and hydrogen-based steelmaking.
Key Facts
01
01 — What / Thesis
China revises steel capacity replacement policy to accelerate decarbonization
02
02 — Who / Subject
China's Ministry of Industry and Information Technology
03
03 — Where / Locus
China
04
04 — When / Temporality
May 18, 2026
AI Verification Note
This article is generated by cross-referencing multiple sources and official announcements. Parts relying solely on testimony or reporting are reflected in the confidence score; content and assessment are updated as new information is confirmed.