Chinese and Pakistani enterprises carry out cooperation in steelmaking and decarbonization

On October 18, Vale, one of the world's top 500, signed a memorandum of understanding with Jiangsu shagang group of China. The two sides agreed to seek opportunities to develop steelmaking schemes focusing on reducing carbon dioxide emissions.

Jiangsu Shagang Group is a manufacturer and comprehensive service provider of iron and steel materials, and has ranked among the world's top 500 for many consecutive years. Vale is a multinational company mainly engaged in metal smelting and mining in Brazil, and it is also the largest iron ore miner and supplier in the world. Focusing on reducing carbon emissions, China and Pakistan's two world top 500 enterprises plan to study the use of products with low carbon footprint in ironmaking, including high-grade iron ore products, and cooperate in developing low-carbon ironmaking process using biomass, syngas and other energy sources by using tecnored, an enterprise affiliated to vale, So that the carbon dioxide emitted from the production process is less than the traditional ironmaking process using coal and coke.

(original title: cooperation between Chinese and Pakistani enterprises in steelmaking and decarbonization)