Nucor Sets Ambitious Emissions Reduction Goals for Hot-Rolled Steel Production

Nucor Corp., a leading electric arc furnace (EAF) steelmaker based in Charlotte, North Carolina, has received approval for its Science-Based Emissions Targets (SBET) from the Global Steel Climate Council (GSCC). The certification validates Nucor’s commitment to reducing greenhouse gas (GHG) emissions across its network of recycled-content hot-rolled steel mills by 2030. Nucor, a founding member of the GSCC, aims to lower emissions through a comprehensive approach covering Scopes 1, 2, and 3, in line with global emissions tracking standards.

Nucor has set an interim emissions target of 0.975 metric tons of carbon dioxide-equivalent (CO2e) emissions per metric ton of hot-rolled steel produced by 2030, based on a 2023 baseline. This milestone is a key part of the company’s broader strategy, which includes achieving net-zero emissions by 2050. By 2050, Nucor aims to reach a target of 0.116 metric tons of CO2e per metric ton of steel produced, positioning itself as the first diversified steelmaker in the U.S. to set such comprehensive emission reduction targets.

Nucor’s Pathway to Net-Zero: Clean Energy and Innovative Technologies

Nucor is already one of the cleanest steel producers globally, with its EAF production process utilizing nearly 80% recycled steel. This process produces one-third of the greenhouse gas emissions compared to traditional blast furnace-based steelmaking. To meet its emissions targets, Nucor plans to increase the use of “clean” electricity and carbon capture technologies. The company will also focus on near-zero GHG iron-making methods and reduce its consumption of natural gas and carbon-intensive materials.

Greg Murphy, Nucor’s Executive Vice President, emphasized that the certification and the company’s emissions targets demonstrate its leadership in producing American-made low embodied carbon steel. He noted that the targets provide clarity and confidence to customers, investors, and policymakers, helping Nucor to align with the global drive toward carbon reduction.

Nucor’s SBETs align with the goals of the Paris Agreement, offering a clear pathway for companies to reduce their GHG emissions in line with climate science. The GSCC’s Steel Climate Standard, adopted in 2023, serves as the global benchmark for measuring and reporting steel carbon emissions, supporting the industry’s efforts to reduce its environmental impact.

Conclusion

Nucor’s certification of its emissions reduction targets by the GSCC underscores the company’s commitment to sustainability and innovation in the steel industry. As the company works toward its ambitious 2050 net-zero goal, its efforts to reduce GHG emissions and increase the use of recycled materials highlight its leadership in the global push for low-carbon steel production.