Sustainability is at the core of our business, and steel has always been at the heart of human progress. Steel will continue to be inherently useful because it is sturdy, durable, flexible, and reusable, and is a relatively easy to recycle material - very suitable for the circular economy. But it is crucial that we provide a comprehensive closed-loop recycling system. The closed-loop recycling system allows us to recycle as much customer scrap metal as possible and transform it into the same product. Closed loop preserves the value of alloys, reduces recycling and transportation costs, significantly reduces environmental impact, and promotes the establishment of a safe supply chain. Steel needs to be developed to become smarter and more sustainable. This means preparing and responding to the more important long-term environmental and social trends that are changing our operating environment. This means carefully listening to the voices of local and global stakeholders, and recognizing the trend of increasing expectations. This means outlining what we need to do now to protect and increase the value of stakeholders. This means continuing to produce innovative steel products and solutions while maintaining operational standards that meet and exceed customer and investor expectations< Integrating sustainable development into business is crucial to ensure that steel becomes the preferred material for transitioning to a circular economy and low-carbon economy.
