9,350.01 TRY BIST 100 BIST 100
5.51 CNY CNY CNY
45.32 EUR EUR EUR
39.39 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
44.10 TRY Interest Interest
73.88 USD Fossil Oil Fossil Oil
46.12 USD Silver Silver
4.81 USD Copper Copper
94.27 USD Iron Ore Iron Ore
330.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,296.29 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

Russia aims to raise investments in Egyptian industrial zone to USD 7 billion

Tuesday, June 17, 2025

Canada announces anti-dumping results on steel strapping imports from 4 countries including Türkiye

Monday, June 16, 2025

SAIL launches EUR 5 billion investment for IISCO Steel Plant in Burnpur

Tuesday, June 17, 2025

Mahmood Saeed Steel signs agreement with Saudi Binladin

Tuesday, June 17, 2025

The number of wage earners in Türkiye increased by 2.4% in April

Tuesday, June 17, 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