Unless otherwise specified in the declaration, less than 30% ownership is considered a minority and therefore, not included. In cases of 30%-50% ownership, pro-rata tonnage is included. In case of more than 50% ownership, 100% of the subsidiary’s tonnage is included, unless specified otherwise. For Chinese companies, the official CISA tonnage publication was used, unless especially noted. Notes on company ownership and tonnage calculations:įor worldsteel members, the data was sourced from their official tonnage declarations. Include AK Steel and former ArcelorMittal USA operations.Estimated combined tonnage of Mobarrakeh Steel, Esfahan Steel, Khuzestan Steel and NISCO.Includes Nippon Steel Stainless Steel Corporation, Sanyo Special Steel, Ovako, 40% AM/NS India and 31.4% USIMINAS.Includes 60% AM/NS India (former Essar Steel).Includes tonnage of Taiyuan Steel and Kunming Steel.Every year worldsteel launches a global campaign centred on a theme which involves one of the main causes of fatalities in the industry.įor more information on the worldsteel Sustainability Programme and the organisations that signed the Sustainability Charter, visit the sustainability section of. The initiative aims to reinforce awareness and ensure the presence of controls for high-risk activities in the steel industry. worldsteel collects data for the production of 17 steel products and generates product specific life cycle inventories available to all stakeholders worldwide.Ģ8 April is Steel Safety Day. Investment in new processes and productsĪ life cycle assessment (LCA) of a steel product looks at resources, energy and emissions, from the steel production stage to its end-of-life stage, including recycling.This programme provides member companies with benchmarking opportunities and scope for improvement. The worldsteel programmes associated with the Sustainability Charter are listed below: Sustainability Indicators data collectionĭata is collected from our members and reported annually for 8 Sustainability Indicators, systematically measuring and reporting key aspects of the steel industry’s economic, environmental and social performance. Pursue innovations for technologies and products to achieve sustainable economic development. Responsible value chains.Ĭonduct operations with high standards and transparent processes. Lead responsible business practices through the value chain. Maintain a safe and healthy workplace and act on health and safety incidents, risks and opportunities.Įnable our people to realise their potential while providing them with an inclusive and fair working environment.īuild trust and create constructive relationships with local communities. Maximise the efficient use of resources throughout the life cycle of steel products and support society to achieve a circular economy.Ĭonduct operations in an environmentally responsible manner. Proactively address climate change and take effective actions to minimise the industry’s GHG emissions. If you have any questions, please contact us at. I hope you find this valuable and thought-provoking. World Steel in Figures provides a handy, summarised picture of the global steel industry today. Thirty-nine members have provided the evidence that they are aligned with these criteria and are therefore recognised as Charter Members for a 3-year period. The new Charter is organised into 9 principles and 20 required criteria reflecting the industry’s increasing focus on sustainability and its responsibility to generate positive impacts on people, our planet, and the prosperity of society. This year we launched our revised and expanded Sustainability Charter. This year we are focusing on the dangers of working from heights and the campaign includes online training webinars, training publications and safety tips. Each year since 2014, on International Steel Safety Day, we launch a major global campaign to reinforce awareness of the five most common causes of safety incidents. In 2023, steel demand will see further growth of 2.2% to reach 1 881.4 Mt. However, we have forecasted that steel demand will grow by 0.4% in 2022 to reach 1840.2 Mt. The magnitude of the impact of this conflict will vary across regions, depending on their direct trade and financial exposure to Russia and Ukraine. We recently issued our April Short Range Outlook in the shadow of the human and economic tragedy taking place in Ukraine we hope peace will return as soon as possible.
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