ResponsibleSteel to introduce global steel certification

ResponsibleSteel, a third-party global provider of sustainability standards and certifications, is working on a steel certificate that should be ready in the next two to three months, marking the next step in a standardized benchmark for sustainable steelmaking

ResponsibleSteel, a not-for-profit organization registered in Australia, already provides site certifications, and the new steel certification will require stakeholders to adhere to enhanced requirements on top of those required for the site certification, policy and impacts director Shivakumar Kuppuswamy told Fastmarkets on Wednesday June 28.

All members of ResponsibleSteel, from both the industrial and civilian sectors, need to vote before the steel certificate is introduced, Shivakumar said.

“The site certifications have been in place for three years, whereas the steel certification is in the draft stage,” Shivakumar told Fastmarkets, noting that the process of being certified by ResponsibleSteel is “technology agnostic.”

There is a lot of interest in sustainable steel certifications from heavy steel consumers such as the automobile or construction industries, which in turn creates demand for standardized certifications, Shivakumar said.

Several steelmakers, including Voestalpine, ArcelorMittal and US Steel, have received site certifications from ResponsibleSteel in recent months.

Steelmakers in the United States have often highlighted the difference between carbon emissions produced by electric-arc furnace (EAF) steelmaking and those of the rest of the world, which relies heavily on the blast furnace-basic oxygen furnace (BF-BOF) process.

About 70.60% of steel produced in the US is via EAF, as opposed to only 26% of steel produced globally through EAFs, Lisa Harrison, senior vice president of communications at AISI, told Fastmarkets previously.

Additionally, the US steel industry represents only 1% of all the carbon dioxide generated in the country, Lourenco Goncalves, chairman, president and chief executive officer of Cleveland-Cliffs, said during Fastmarkets’ Steel Success Strategies conference on June 6.

What to read next
China’s National Development and Reform Commission (NDRC) will work with relevant parties to regulate crude steel production, with a focus on energy saving and reducing carbon emissions. It will also release guidance on crude steel output for different steel mills later this year after a national investigation on steel capacity
The low-carbon aluminium differential in the US made its first move on Friday April 5 since Fastmarkets launched it five months ago.
Fastmarkets proposes to amend the specifications of five of its steel products assessments and billet index originating from the Black Sea basin.
China's stainless steel prices saw a notable increase last week, driven by global sanctions affecting nickel, which is a key component
Fastmarkets will amend the frequency of its price assessments for MB-STE-0879 Steel scrap H2 Japan origin import, cfr South Korea and MB-STE-0880 Steel scrap HMS 1&2 (80:20) deep-sea origin import, cfr South Korea on Friday April 12.
Turkey has announced a halt on exports to Israel of a range of steel, aluminium and copper products amid the continued conflict in Gaza, the Turkish Ministry of Commerce said on Tuesday, April 9.