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Angang Steel (000898.SZ): The Bayuquan coking oven gas-to-liquid natural gas (LNG) and co-produced hydrogen project has been put into operation, with an expected annual reduction of 0.08 million tons of carbon dioxide emissions.
Glory Times reported on December 2nd that Angang Steel (000898.SZ) stated in recent investor relations activities that the company traded a total of 2.32 billion kilowatt hours of clean energy in the first half of the year, including 0.783 billion kilowatt hours of China Green Electricity Investment of Tianjin, an increase of 0.337 billion kilowatt hours year-on-year. The company's Bayuquan coking gas-to-liquid natural gas (LNG) co-production hydrogen project has been put into operation, with an expected annual reduction of 0.08 million tons of carbon dioxide emissions.
Angang Steel (000898.SZ): Achieved a target of 5.49 tons of carbon dioxide emissions per 10,000 yuan of output value in January-June.
On December 2, Longhubao reported that angang steel (000898.SZ) recently stated in an investor relations activity that angang steel always takes implementing the national "dual carbon" global strategy and achieving angang group’s "dual carbon" goals as its purpose, primarily implementing through the path of "optimizing industrial layout and reconstructing process flows," to promote energy efficiency improvements and carbon reduction work. By taking measures such as promoting the project's efficient generator set for comprehensive utilization of waste gas, laying out the green energy industry, and adjusting the company’s "dual carbon work promotion system," the goal is to achieve carbon dioxide emissions of 5.49 tons per 10 thousand yuan of output value from January to June 2024.
Angang Steel (000898.SZ): In the first half of the year, completed the third-party certification of reducing carbon by 30% for five key products including hot-rolled plates and galvanized plates for automobiles.
Gelonghui December 2nd | Angang Steel (000898.SZ) stated in recent investor relations activities that the company has developed a production process plan of "long process + large proportion of scrap steel + 100% green electricity", which can achieve 30% carbon reduction for mass production of low-carbon green steel. In the first half of the year, the third-party certification work for reducing carbon emissions by 30% on five key products such as hot-rolled plates for automotive steel and galvanized sheets was completed.
Hong Kong stocks changed | Steel stocks expanded gains in the afternoon, companies with a market cap below net asset value actively maintained their market cap, institutions claim the industry is about to welcome a turning point.
Steel stocks have seen an increased rise in the afternoon. As of the time of writing, maanshan iron (00323) is up 8.62%, priced at 1.26 Hong Kong dollars; chongqing iron (01053) is up 5.26%, priced at 1 Hong Kong dollar; angang steel (00347) is up 3.55%, priced at 1.46 Hong Kong dollars; china oriental (00581) is up 2.63%, priced at 1.17 Hong Kong dollars.
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