Steel Mills
Nucor Sets Net-Zero Emissions Target for 2050
Written by Becca Moczygemba
November 13, 2023
Nucor Corp. has announced its target date for net-zero greenhouse gas (GHG) emissions as 2050.
The Charlotte, N.C.-based steelmaker established an interim target for 2030, and an ultimate target date for 2050 to reach the net-zero goal, the company said in a press release on Monday.
“We are the North American leader in sustainable steelmaking, and these targets further highlight our leadership role in developing clean solutions for the entire steel industry,” Leon Topalian, chair, president, and CEO of Nucor said in the release.
Both the 2030 and 2050 dates include scopes one through three emissions as defined by the Global Steel Climate Council’s (GSCC) Steel Climate Standard. Nucor said it is the first diversified steelmaker in the US to set GHG reduction targets encompassing all three scopes.
The company plans to achieve its goals by increasing the use of clean electricity, carbon capture and sequestration, and near-zero GHG iron-making, according to the release.
Additionally, Nucor said it will “utilize technologies to reduce its consumption of injection and charge carbon, and will reduce the use of natural gas in its production processes.”
“These targets and the details of our plans to achieve them will provide our customers, investors, and policymakers with a clear roadmap of where Nucor is going and how we plan to get there,” said Greg Murphy, Nucor’s EVP of business services, sustainability, and general counsel.
The Steel Climate Standard sets scope emissions guidance for the production of hot-rolled steel. The full standard framework can be found here.
Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Mills
August US mill shipments slip but still higher than last year
The American Iron and Steel Institute reported a decline in the monthly shipments of US mills from July to August.
TransPod, Algoma, Supreme Steel linkup anchors Canadian steel in high-speed transit build
The three Canadian companies have announced a strategic partnership to support the development of an ultra-high-speed transit line from Edmonton to Calgary.
Metallus, USW agree to tentative four-year labor deal
Metallus and the United Steelworkers (USW) have agreed to a tentative four-year labor contract.
ArcelorMittal Dofasco resumes cokemaking after emergency maintenance
The Canadian steelmaker reported on Sept. 30 that “urgent maintenance” was needed in its coke plant off-gas systems. The work required coke oven gas from the No. 2 coke plant to be flared for most of that week.
AISI: Raw steel production ticks back down
US raw steel output declined last week after increasing the week prior, according to the latest data from the American Iron and Steel Institute (AISI). Output has see-sawed from week to week since mid-August. Still, it has remained historically strong over the past four months and has held near multi-year highs since June. Domestic mills […]