Contributing to a Circular Society Through Iron Recycling

「We believe that expanding the use of electric arc furnace steel will enable us to make a significant contribution to achieving a decarbonized and circular economy.」

「Our group views efforts toward carbon neutrality in 2050 as an opportunity to expand its business, and will significantly increase the production ratio of electric-furnace products to substantially reduce Scope 3 emissions. We will also proceed with the introduction of energy-saving equipment, hot-rolling direct delivery and solar power generation, aiming to reduce CO2 emissions by at least 46% from 2013 levels by 2030.」

「With the new electric furnace completed through this investment in operation, we aim to reduce CO2 emissions in fiscal 2030 by 46% from fiscal 2013 levels and achieve carbon neutrality in fiscal 2050.」

「Our Scope 1, 2 and 3 emissions totaled 1,298 thousand t-CO2 in 2022. Of this amount, emissions from our own activities, Scope 1 and 2, were 251 thousand t-CO2, accounting for just under 20% of the total.」

「Under the initiative to strengthen efforts toward achieving carbon neutrality and a circular society, we worked to increase electric arc furnace production and promote yield improvements at each plant.」

「As part of efforts to strengthen initiatives toward carbon neutrality and a circular economy, we increased electric-furnace production by 12% year on year and promoted cost improvements for electric-furnace products, including improved unit consumption.」

「Demand is increasing for electric-furnace steel, a resource-recycling process that regenerates steel scrap into products and emits less CO2 than blast furnaces. We will expand electric-furnace production and shift toward greener purchased raw materials.」

「Our group aims to enhance electric-furnace production to contribute to the creation of a circular economy through steel recycling. In terms of equipment, we seek to optimize production by implementing growth strategy investments, including the introduction of an exhaust-gas analysis system and the expansion of dust-collection equipment.」

「Under these business conditions, our group aims to enhance electric-furnace production and will make the necessary capital investments to contribute to the creation of a circular economy through steel recycling.」