Steel Markets
Daimler Praises BRS for 'Exceptionally Sustainable" Steel
Written by David Schollaert
July 23, 2021
Daimler AG has recognized Big River Steel (BRS) for its “exceptionally sustainable” steel. The electric arc furnace (EAF) producer, a U.S. Steel subsidiary, has helped the German automaker reduce the CO2 emissions attributed to the steel used in its Mercedes-Benz products by more than 70%.
Emission-free mobility is a corporate goal for Damiler, which thinks climate neutrality can be achieved by collaborating with suppliers and partners. That means having the right partners in steel – a core but highly energy-intensive product in vehicle construction, company executives said.
“We are well on track for executing our sustainable business strategy,” Daimler AG and Mercedes-Benz AG Chairman Ola Källenius said. “In close cooperation with our suppliers, we sharpened our focus on sustainability along the entire supply chain. Together we want to keep exceeding the expectations of our customers by taking technology, quality, and sustainability to a new level.”
BRS, the Osceola, Ark., minimill, checks all the boxes when it comes to sustainability because it melts recycled steel scrap, which is less carbon intensive than traditional integrated steelmaking, and because it uses renewable energy, Daimler AG executives said. Another factor that sets BRS apart: It has set up a closed-loop recycling system whereby the sheet-steel offcuts generated during automotive production (prime scrap) are fed back into the mill’s EAFs. BRS is in addition the first steel production facility to achieve LEED (Leadership in Energy and Environmental Design) certification.
“We are honored by this recognition from Daimler AG and the opportunity to support their outstanding efforts in sustainability,” a U.S. Steel spokesperson said.
“U.S. Steel’s commitment to sustainability, including reducing carbon intensity, has been greatly accelerated through the advanced technology, sustainable practices and dedication of our associates,” the spokesperson added. “We greatly appreciate Daimler recognizing the efforts of our BRS team.”
By David Schollaert, David@SteelMarketUpdate.com
David Schollaert
Read more from David SchollaertLatest in Steel Markets
Tampa Steel Conference: Two weeks to go!
With just two weeks to go, we have over 400 registered so far for the 36th annual Tampa Steel Conference. Join us and hundreds of industry executives at the JW Marriott Tampa Water Street from Sunday, February 2, through Tuesday, February 4.
Galvanized buyers see glimmers of optimism amidst the chaos
Reflecting on 2024 and looking ahead to the new year, galvanized steel buyers on this month’s HARDI call expressed a mix of cautious optimism with lingering uncertainties.
Construction spending steady in November
Construction spending inched higher in November for a second straight month.
Steady architecture billings signal improving conditions
The November ABI decreased month over month but was still the third-highest reading of the past two years.
Fitch warns more tariffs will pressure global commodity markets
“New commodity-specific tariffs, mainly on steel and aluminum products, could widen price differentials and divert trade flows,” the credit agency forewarned.