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Baowu Steel Group has launched China's first million-ton near-zero carbon steel production line at its Zhanjiang Steel plant, utilizing the innovative Hydrogen Metallurgical Electric Melting Process (HyRESP) technology. This facility aims to produce low-carbon emission steel slabs, reducing carbon dioxide emissions by over 3.14 million tons annually compared to traditional methods, while supporting national 'dual carbon' goals through enhanced low-carbon steel research collaboration.