Nippon Steel & USS Acquisition Overview
Driving the World's Steel Industry Towards Decarbonization
Both companies share a commitment to decarbonization and are strategically investing to achieve targets
NIPPON STEEL
Target: Carbon Neutral by 2050
Total CO2
Emissions
(million t-CO2/yr)
[Scope of scenario]
Domestic: SCOPE1+2
(Receipt of raw materials
2013 Benchmark
-30%
(USS) United States Steel Corporation
Target: Net Zero by 2050
CO2
Emissions/
Ton of Steel
102
(t-CO2/t-steel)
Carbon Neutral
CCUS
2018 Benchmark
-20%
Net Zero
CCUS
to product shipment +
CO₂ emitted by power
suppliers)
~2030
2013
~2050
2030
2050 Vision
-2030
2018
~2050
2030
2050 Vision
Hydrogen injection into blast furnaces
•
•
Reduction of CO2 emissions in existing
processes
Establishment of an efficient production
framework
Carbon Capture, Utilization and Storage
•
Three breakthrough technologies:
1. Hydrogen injection into blast furnaces
2. High-grade steel production in large-size EAF
3. Hydrogen direct reduction of iron
CCUS* and other carbon offset measures
Future mini mill development
•
Expansion of EAF production capacity
Optimization of production
•
•
DRI with natural gas
•
Development of cutting-edge technologies
1. CCUS*
2. DRI with hydrogen
3. Electric grid improvements
Accelerates technological development and commercialization by combining both companies' technologiesView entire presentation