At COP27, various stakeholders have deliberated on ways to accelerate the decarbonisation of the carbon-heavy steel industry - currently contributing 8% of world carbon emissions.

In response, China’s steel efforts aim to turn around its 'dirty' industry via a range of measures, including new steel furnace technology, hydrogen direct reduced iron and scrapped steel regeneration. China produces over 1/2 the world's total of crude steel.

A recently published plan states the country will “upgrade over 80% of steel production capacity” to slash carbon emissions and aim to push down overall energy consumption per tonne of steel: 

https://climatetracker.org/can-china-decarbonise-its-dirty-steel-industry-by-2030/