China Steel Corporation Chairman Mr Chao-Tung Wong has called on the domestic steel industry to face it squarely because green steel is very important as a future trend. He said “The trend of green pricing and carbon neutrality will lead to an era of high steel prices. Taiwan’s steel industry has to deploy ahead of schedule to raise international competitiveness.” It is understood that CSC has completed the carbon emission intensity and carbon footprint certification for all of its products, which have been approved by a third-party impartial unit. The EU is scheduled to implement the Carbon Border Adjustment Mechanism on imported steel products from October 2023.
China Steel Corporation Chairman Mr Chao-Tung Wong has called on the domestic steel industry to face it squarely because green steel is very important as a future trend. He said “The trend of green pricing and carbon neutrality will lead to an era of high steel prices. Taiwan’s steel industry has to deploy ahead of schedule to raise international competitiveness.” It is understood that CSC has completed the carbon emission intensity and carbon footprint certification for all of its products, which have been approved by a third-party impartial unit. The EU is scheduled to implement the Carbon Border Adjustment Mechanism on imported steel products from October 2023.
