For us, sustainable growth improves the quality of life for everyone, now and for generations to come. It encompasses environmental, economic and social dimensions, as well as the concept of stewardship, the responsible management of resource use.
Without a doubt, Steel Products help to meet society’s needs and as producers of steel, it is our responsibility to meet the demand for steel in a sustainable way. With companies all across the world, we face a broad range of challenges and we are committed to taking action, individually and together as an industry, to address them.
Steel’s combination of properties such as availability, cost, durability, strength, and ductility (the ability to be stretched or shaped without breaking) is what makes it unique. Steel’s properties enable it to suit a variety of product applications for which there are no energy and cost-effective substitutes.
Moreover, steel is 100% recyclable. It can be recycled infinitely, which helps to save energy and raw materials, reduce CO2 emissions and reduce the waste generated from raw materials extraction. Virtually, all the steel we use has the potential to be recycled. Improving the recycling rate of end-of-life steel products as well as product design for recycling can increase further steel scrap quality, and hence steel’s contribution to the environment.
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Elle T. // SMC Editor