Finego Steel Co., Limited

Towards a Sustainable Future: Finego Steel's Commitment to Energy Conservation and Carbon Reduction Conservation and Carbon Reduction in the Steel Industry In the context of global economic transformation, the steel industry, as a fundamental sector of the national economy, is facing unprecedented challenges and opportunities. With increasing pressure on energy consumption and carbon dioxide emissions, the green and low-carbon development of the steel industry has become a policy focus. Particularly under China's "14th Five-Year Plan" for energy consumption reduction and carbon emission goals, the steel industry is tasked with maximizing energy-saving potential, improving production efficiency, and reducing carbon emissions, all of which have become urgent issues for steel enterprises. New Industry Trends: Energy Conservation and Carbon Reduction Become an Inevitable Trend According to national policies, by 2025, the steel industry aims to significantly reduce the overall energy consumption and carbon emissions per ton of steel. Specific targets include reducing energy consumption in blast furnaces and converters by 1% or more, reducing energy consumption in electric arc furnaces by 2% or more, and increasing the self-generation rate of waste heat and pressure by 3 percentage points. By 2030, the industry will achieve further technological breakthroughs, enhancing energy efficiency, reducing carbon emissions, and optimizing energy structure, ultimately achieving green, low-carbon, and high-quality development in the steel industry. At the same time, as the industry gradually integrates and applies high-efficiency equipment widely, future steel production capacity will concentrate on enterprises with energy efficiency benchmark levels. Outdated capacity will be phased out, and production structure optimization will take place. The technological transformation and equipment updates in steel enterprises will play a key role in improving energy utilization efficiency, reducing waste emissions, and increasing scrap steel utilization. Looking Forward: Green Steel to Support Sustainable Development As the steel industry enters a new era of green and low-carbon development, Finego Steel Co., Ltd. will continue to adhere to innovation-driven principles, strengthen technological research and environmental compliance, and constantly enhance its market competitiveness. We firmly believe that only through comprehensive improvements in energy utilization efficiency and reductions in carbon emissions can we remain competitive in the market in the coming years. In this regard,Finego Steel Co., Ltd. promises to continue promoting the research and application of green low-carbon technologies, actively respond to national energy-saving and carbon reduction policies, and strive to provide more environmentally friendly and energy-efficient steel products to global customers in the coming years. With solid technical strength, strong production capabilities, and a firm commitment to green development, Finego Steel Co., Ltd. is poised to take a leading role in the future development of the steel industry.