An international group of leading steel manufacturers have announced the formation of a coalition to urge the United States and European Union to adopt a global emission standard that incentivizes steelmakers to use the cleanest steel production process available. The new coalition, the Global Steel Climate Council, supports a global standard that accelerates the transition to low-emission steel and recognizes the potential of the recycled, circular steel model to reduce carbon emissions. The GSCC includes more than 20 members and supporters who are steel manufacturers, trade associations, end users, scrap metal suppliers and non-governmental organizations. The founding members of the GSCC are: the Steel Manufacturers Association, Nucor Corporation, CELSA Group, Steel Dynamics, Commercial Metals Company and the Institute of Scrap Recycling Industries. The primary focus of the GSCC is to establish a standard, focusing on the following guiding principles 1. Reducing GHG emissions from the global steel industry 2. Establishing a standard that is technology/production method agnostic 3. Establishing a standard that has a system boundary that includes Scope 1, 2 and 3 emissions 4. Establishing a standard that aligns with a science-based glide path to achieve a 1.5 degree scenario by the year 2050 5. Providing relevant information on sustainable steelmaking to appropriate decision makers GSCC's specific purposes are to focus on reducing greenhouse gas emissions from the global steel industry by supporting reduction methods that are technology agnostic, have a system boundary that includes Scope 1, 2 and 3 emissions and align with a science-based glide path to achieve a 1.5 degree Celsius scenario by 2050. The United States and European Union are negotiating a new emissions standard for steel production. The GSCC asserts that any agreement should focus on the amount of emissions generated, not on how steel is made. The majority of the world's steel production is extremely carbon-intensive because it primarily relies on mined and processed coal, iron ore and limestone. However, other steelmakers, including those producing over 70% of all US and over 40% of all European manufactured steel today, use electric arc furnaces that principally input recycled scrap metal to produce steel, generating significantly lower carbon emissions.
An international group of leading steel manufacturers have announced the formation of a coalition to urge the United States and European Union to adopt a global emission standard that incentivizes steelmakers to use the cleanest steel production process available. The new coalition, the Global Steel Climate Council, supports a global standard that accelerates the transition to low-emission steel and recognizes the potential of the recycled, circular steel model to reduce carbon emissions. The GSCC includes more than 20 members and supporters who are steel manufacturers, trade associations, end users, scrap metal suppliers and non-governmental organizations. The founding members of the GSCC are: the Steel Manufacturers Association, Nucor Corporation, CELSA Group, Steel Dynamics, Commercial Metals Company and the Institute of Scrap Recycling Industries. The primary focus of the GSCC is to establish a standard, focusing on the following guiding principles 1. Reducing GHG emissions from the global steel industry 2. Establishing a standard that is technology/production method agnostic 3. Establishing a standard that has a system boundary that includes Scope 1, 2 and 3 emissions 4. Establishing a standard that aligns with a science-based glide path to achieve a 1.5 degree scenario by the year 2050 5. Providing relevant information on sustainable steelmaking to appropriate decision makers GSCC's specific purposes are to focus on reducing greenhouse gas emissions from the global steel industry by supporting reduction methods that are technology agnostic, have a system boundary that includes Scope 1, 2 and 3 emissions and align with a science-based glide path to achieve a 1.5 degree Celsius scenario by 2050. The United States and European Union are negotiating a new emissions standard for steel production. The GSCC asserts that any agreement should focus on the amount of emissions generated, not on how steel is made. The majority of the world's steel production is extremely carbon-intensive because it primarily relies on mined and processed coal, iron ore and limestone. However, other steelmakers, including those producing over 70% of all US and over 40% of all European manufactured steel today, use electric arc furnaces that principally input recycled scrap metal to produce steel, generating significantly lower carbon emissions.
