U.S. Steel Sets CO2 Reduction Target
By Metal Center News Staff
on Nov 18, 2019
U.S. Steel Corp., Pittsburgh, announced plans to reduce its greenhouse gas emissions intensity by 20 percent by 2030. The target applies to all U.S. Steel’s global operations. The emission reduction will be measured by the rate of carbon dioxide equivalents emitted per ton of finished steel shipped, compared with 2018 baseline levels.
“Committing to a global greenhouse gas intensity reduction target is central to U.S. Steel’s strategy to become a world-competitive ‘best of both’ integrated and mini mill steel company,” said U. S. Steel President and CEO David B. Burritt. “These reductions will be equivalent to the amount of CO2 being generated by more than 850,000 average-sized homes each year. By creating targeted carbon reduction initiatives to accelerate our transformation toward a future of sustainable steel, we create value for all stakeholders.”
U. S. Steel’s greenhouse gas emissions intensity reduction goal will be achieved through execution of multiple initiatives. These include the development of electric arc furnace steelmaking at U. S. Steel’s Fairfield Works and at Big River Steel, in which U. S. Steel recently acquired a minority interest with an option to acquire the remainder over the next four years. Further carbon intensity reductions are expected to come from the company’s introduction of endless rolling and casting technology and construction of a cogeneration facility at its Mon Valley Works announced in May, as well as implementation of ongoing energy efficiency measures, continued use of renewable energy sources and other process improvements.