Recently, Tianjin Citymine Renewable Resources Recycling Co., Ltd. (hereinafter referred to as "Tianjin Citymine"), a wholly-owned subsidiary under Tianjin Citymine Technology Group Co., Ltd. (hereinafter referred to as "Citymine") in Tianjin Port Free Trade Zone, was awarded the title of "National High Quality Scrap Steel Processing and Distribution Enterprise" in 2021, marking the maturity of its business in the field of scrap steel recycling, which is the third consecutive year that Tianjin Citymine has won this award, which is also a vivid practice of Citymine's implementation of the "Double Carbon" target.
　　Steel scrap is an energy-carrying and green resource that can be recycled indefinitely, and is an important strategic resource indispensable to the steel industry. Meanwhile, with the establishment of carbon emission trading systems across the country, the scrap steel industry will usher in an important period of development. Tianjin Citymine is a large-scale integrated scrap recycling, processing and distribution enterprise, a national high-tech enterprise, and an enterprise under the Access Permit for Scrap Steel Processing Industry of the Ministry of Industry and Information Technology. Since the establishment, it has relied on efficient logistics and transportation, high-quality production management system, advanced processing and distribution equipment, and established a comprehensive recycling processing and distribution system through various transportation modes such as highway, sea and railroad, etc. The processing and disposal capacity of scrap steel and recycling and distribution capacity have been continuously improved, and it has realized the interconnection of the north and south markets,, and radiated the whole country with Beijing, Tianjin and Hebei as the fulcrum, thus forming a stable scrap steel processing and distribution supply business with many large domestic steel mills.