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In October 2021, the State Council issued the "Action Plan for Carbon Peak Before 2030", which clearly proposed to accelerate the industrialization of new buildings, vigorously develop prefabricated buildings, and first promote prefabricated residential buildings in steel structures. This policy aims to reduce carbon emissions in the construction industry through the transformation of construction industrialization and help achieve the carbon peak goal.
This policy will further promote the expansion of the prefabricated construction market. It is estimated that by 2030, prefabricated buildings will account for 40% of new buildings, among which steel structure residential buildings will become an important growth point.
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