Nucor Unveils Net-Zero Steel
10/05/2021 - The steelmaker announced today the launch of a line of net-zero carbon steel products called Econiq™, produced using 100% renewable energy and carbon offsets, according to Nucor.
"The green economy is being built on steel, and Nucor is proving that it can be produced in a sustainable way that can help the world meet its climate goals," said Leon Topalian, Nucor’s president and chief executive.
"For more than 50 years, Nucor has been built on a sustainable model of recycling steel to produce new steel and steel products. The addition of Econiq is a logical extension to our innovation legacy in the steel industry. Further, we are pleased to announce that General Motors, an iconic American manufacturer, will be Nucor's first customer for Econiq beginning in the first quarter of 2022."
According to a press release from Nucor, General Motors (GM) will be the first customer to receive the Econiq net-zero steel, starting in the first quarter of 2022. Nucor anticipates that all of the steel it ships to GM will be carbon-neutral by the end of 2022.