11,311.31 TRY BIST 100 BIST 100
42.61 USD USD USD
6.07 CNY CNY CNY
49.99 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
38.34 TRY Interest Interest
61.45 USD Fossil Oil Fossil Oil
86.33 USD Silver Silver
11,311.31 USD Copper Copper
101.64 USD Iron Ore Iron Ore
349.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,944.55 TRY Gold (gr) Gold (gr)

Worldsteel publishes its Sustainability Report

Worldsteel published its 2024 Sustainability Report, which provides information on the sustainability performance of the steel industry.

Worldsteel publishes its Sustainability Report

The 2024 Sustainability Report published by Worldsteel evaluated the sustainability of steel between 2003 and 2023. The report, which is in line with global priorities such as the United Nations Sustainable Development Goals (SDGs) and the Paris Agreement, was researched under three main headings: environmental performance, social performance and economic performance.

Investigations were carried out in the field of environmental performance

As a result of the examinations conducted in the field of environmental performance, CO2 emission intensity, energy intensity, material efficiency and environmental management system were addressed. In 2021, 2022, and 2023, respectively; 1.91, 1.92, 1.92 tons of CO2, CO2 emission intensity on the basis of tons of crude steel castings, 21.04, 21.01, 21.27 energy intensity on the basis of GJ per ton of crude steel castings, 97.4%, 97.5%, 98.1% material efficiency, 95.6%, 97.1%, 94.8% environmental management system were determined.

In the CO2 emissions and energy intensity surveys based on the global percentage split between blast furnace-basic oxygen furnace (BF-BOF) and scrap-based electric arc furnace (EAF) steelmaking routes, the global average value for both intensities from 2021 also includes direct reduced iron (DRI)-based EAF steelmaking.

Before 2021, neither CO2 emissions nor energy intensity were recalculated to reflect this change.

In 2024, a total of 93 steel companies and associations contributed to data sharing. This contribution represents 956.1 million tons, equivalent to 51% of total crude steel production worldwide. 74 of the participants voluntarily reported on at least one of the eight sustainability indicators, while 36 organizations provided comprehensive data for all eight indicators.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

CANACERO welcomed the tariff reform strengthening Spain’s steel industry

Monday, December 15, 2025

thyssenkrupp announced that it expects losses of up to EUR 800 million in 2026

Monday, December 15, 2025

2026 will be a more predictable year for the logistics sector

Monday, December 15, 2025

Yinhawangka Aboriginal Corporation and Rio Tinto sign interim modernized agreement

Friday, December 12, 2025

Steel MAX 2025: A strategic gateway for international collaboration in the steel and mining industry

Sunday, September 7, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now