304 STAINLESS STEEL PIPES

Promoting Low-Carbon Emission Technologies for a Green Future — The Commitment and Actions of Centerway Steel Co., Ltd.

In the global effort to combat climate change, the green transformation of the steel industry has ba critical topic. As the second-largest source of carbon emissions globally, the steel industry faces unpecome recedented challenges and opportunities. To meet the 1.5°C temperature rise target, the adoption of low-carbon technologies is becoming inevitable. Centerway Steel Co., Ltd., as a key player in the steel industry, recognizes this challenge and actively promotes the application of low-carbon emission technologies to contribute to a greener future.

Low-Carbon Steel: The Key Path to Industry Development

To address this, Centerway Steel Co., Ltd. is actively exploring the application of low-carbon technologies, such as electric arc furnace (EAF) steelmaking using scrap steel and hydrogen-based direct reduced iron (DRI) processes. By using scrap steel as a raw material in EAF steelmaking, we can enhance secondary production and recycling, reducing emissions associated with primary steel production. Additionally, hydrogen-based DRI, which uses hydrogen from renewable energy sources instead of traditional fossil fuels, generates almost no carbon emissions. Centerway Steel Co., Ltd. is committed to implementing these cutting-edge technologies in our production processes to ensure sustainable development and contribute to a low-carbon future.

Policy Support and Industry Collaboration: Accelerating Green Transformation

We also recognize the importance of international collaboration in driving global decarbonization. As a steel producer, Centerway Steel Co., Ltd. not only focuses on domestic low-carbon policies but also actively participates in international decarbonization efforts. By engaging in global climate cooperation, we aim to shape future global green standards and ensure our position in the green steel market.

Our Green Commitment: The Future Path of Steel

To achieve the green transformation of the steel industry, Centerway Steel Co., Ltd. has taken several steps, including the promotion of EAF and hydrogen-based DRI technologies, enhancing steel recycling rates, and improving material efficiency. We aim to meet the market demand for high-quality steel while simultaneously reducing emissions.

As a member of the steel industry, Centerway Steel Co., Ltd. understands the challenges of decarbonization, but we are confident that through technological innovation and industry collaboration, a green future for the steel sector is within reach. We will continue to lead in the fields of low-carbon technology and sustainable development, contributing our knowledge and strength to the global transformation of the steel industry.