European market leader ArcelorMittal is idling blast furnace A at its Asturias plant in Spain in response to weak demand.

The producer will also stop a direct reduction plant in Hamburg, where it produces wire rod, from the fourth quarter.

The national carbon trading market now covers 2,162 companies, all of which are electricity companies.

An analyst said green hydrogen will play an important role in interconnecting renewable energy and decarbonization within industrial systems.

North China-based facility to provide clean power to nearby enterprises.

However, success has come at a cost－high carbon emissions.

Among 21 surveyed manufacturing sectors, 12 sectors saw an improvement in PMI reading in August.

The upgrades, targeted to promote clean production and improve efficiency, have brought about both environmental and economic benefits.