Latin American Steel Association Alacero has presented the position paper “How the Latin American Steel Industry is facing Climate Change”. In this document, Alacero analyzes the current profile of the steel sector in the world and Latin America, reveals the position of the region on sustainable development, and presents the steel industry's mid and long-term plans. The paper also includes the main principles and actions required for the proposed global goals to be achieved and thus halt climate change. Alacero’s Executive Director Mr Alejandro Wagner said “Currently, 80% of greenhouse gases come from carbon dioxide emissions in the atmosphere, and between 7% and 9% of this total originates from the global steel industry. Although Latin America does not exceed 2.8% of the emissions of the industry, our region will be one of the most affected in the world by climate change. Therefore, I consider it important to emphasize that the steel produced at Latin America is one of the most sustainable on the planet because its production process is cleaner and emits fewer greenhouse gases into the atmosphere than most other continents. In addition, it is the only material that can be 100% recycled unlimitedly. In tons, steel recycling is greater than the sum of all the paper and plastics recycled worldwide.”Mr Wagner said “In addition, the steel industry has a material efficiency level near 98%. This means that only approximately 2% of the products that originate from the manufacturing process are not used. Such characteristics put steel in a place of advantage over other materials and represent an opportunity to position our industry as an economic sector that can really face the challenge of climate change and achieve a truly circular economy.”Mr Wagner concludes “The position paper seeks to raise awareness and speed up discussions about the relevance of using steel in the path of multiple nations towards a sustainable future. We are convinced that we can achieve a low-carbon steel sector by 2050 if we work together with governments, stakeholders, partners, employees, and the supply chain. For this, a common approach of public policies, tools, and programs is fundamental.”The latest report from the UN Intergovernmental Panel on Climate Change AR6 has warned that environmental sustainability is at an inflection point and that an unprecedented climate change is already being observed.