Note: "Low-emissions steel" refers to steel specific emissions commitments via corporate or buyers' alliance (e.g., FMC);
"Scope 3 emissions reduction" refers to corporate Scope 3 emissions targets; "Total emissions reduction" refers to corporate emissions reduction commitments (e.g., net-zero)
Chart:
RMI
Source:
RMI analysis; company public reports; Mineral Commodities Summary, United States Geological Survey (2022); Zhu et al., Mapping the Annual Flow of Steel in the United States (2019); Steeling Demand: Mobilising buyers to bring net-zero steel to market before 2030, Mission Possible Partnership (2021)