Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

United States Steel (US Steel) plans to reduce greenhouse gas emissions by 20pc globally, by 2030 and achieve carbon neutrality by 2050.


The steelmaker plans to leverage its existing electric-arc furnaces (EAFs) and other technologies like using direct reduced iron (DRI) processes and carbon-free sources of energy for sustainable production, according to a statement on Wednesday.


US Steel launched its low-carbon steel product verdeX at the Ceres 2021 conference in March and the company will continue to add more sustainable products to its portfolio in a bid to reduce its global carbon footprint.


The Pittsburgh headquartered steelmaker has the capacity to produce around 26mn nt of crude steel per year. 

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