Carbon neutrality will bring profound changes to the global steel industry in that it will reduce steel demand, restructure demand, raise production cost, and erect “green” barriers in steel trading,

Carbon neutrality will bring profound changes to the global steel industry in that it will reduce steel demand, restructure demand, raise production cost, and erect “green” barriers in steel trading, Jiang Li, chief analyst of China Iron & Steel Association (CISA), remarked when presenting on July 28 at the 5th China Steel Derivatives International Conference 2021 in Shanghai.