The World Steel Association (worldsteel) has highlighted the important role of the global steel industry in ensuring sustainability.
In his New Year message, Edwin Basson, CEO of worldsteel, noted that the industry had to face a number of challenges in 2020. All countries and regions, with the exception of China, experienced negative growth in 2020. human and economic activity is the need of the hour. The expected improvement in market conditions is likely to boost steel demand by 4.1% in 2021, he said.
As part of its sustainability efforts, the trade organization is committed to taking key measures to reduce industry emissions, encourage customers to use advanced steel products, and maximize steel product reuse, recycling and recycling. Successful implementation of the above initiatives will lead to potential reductions in direct and indirect emissions. The steel industry is committed to achieving zero emissions, he said.
The Chamber of Commerce has confirmed that safety continues to be a top priority. Over the past few years, the industry has made significant strides in dramatically reducing deaths and the incidence of lost time injuries. The industry body’s comprehensive process safety management system includes a new tool that will enable participants to self-assess mental health.