SEATTLE (Scrap Monster): Nucor Corporation announced the launch of a new range of net-zero carbon steel products. By purchasing Econiq range of products, consumers are assured that they have bought the lowest green house gas emissions steel product currently available in the market.
The Econiq range of steel products will be available across the company’s steelmaking product lines in the U.S., although it will be available in limited quantities initially. It will utilize 100% renewable electricity and high-quality carbon offsets to completely eliminate Scope 1 and 2 emissions. Furthermore, it guarantees emissions-free steel products to help steel consumers meet their sustainability goals.
The iconic American manufacturer of automobiles, General Motors, will be the first customer of Econiq. Beginning first quarter next year, General Motors will start receiving Econiq net-zero carbon steel. By the end of 2022, all of the steel purchased from Nucor by GM will be net carbon neutral.
Leon Topalian, President and CEO, Nucor Corporation said that the addition of Econiq is just a logical extension to its innovation legacy in the steel industry. The company has been a major promoter of the sustainable model that uses recycled steel to produce new steel and steel products for more than 50 years now, he added.
|Base Metals||VIEW ALL|
|Alumina 98.5% min||54320.23||-4250.17|
|Aluminum Alloy A356||2.70723||0.23|
|Minor Metals||VIEW ALL|
|Ammonium heptamolybdate 54% min||2255712.78||-37063.86|
|Ammonium metavanadate 98% min||1707632.27||192264.43|
|High Purity Metals||VIEW ALL|
|Aluminum ingot purity 9999900||41900.00||0|
|Aluminum oxide purity 9900000||12100.00||0|
|Rare Earth||VIEW ALL|
|Cerium carbonates TREO 45% min, CeO2 / REO 100%||129581.62||3238.9|
|Cerium Metal 99% min||455486.05||17560.45|