Tokyo Steel said that as the world began to actively pursue a carbon neutral plan, the company decided to revise its Tokyo Steel EcoVision 2050.
Tokyo Steel's original goal was to reduce CO2 emissions by 80% by 2050, which was announced in 2017. Now the firm has revised it to 100%. As a result, it would increase the use of an electric furnace for processing scrap iron, reducing CO2 emissions by promoting renewable energy sources.
The previous target was to reduce CO2 emissions by 40% by 2030 compared to 2003 and by 80% in 2050. The updated version projected a 60% reduction in 2030 and 100% in 2050, in line with the original schedule.
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Metallurgy news
- 19 December 2025
19:00 U.S. steel mill shipments fell 4.2 percent in October 2025 18:00 Pakistan's scrap imports in November 2025 fell by 16.8% compared to October 17:00 The Ministry of Resources completely switches the operation of the port of Ashburton to natural gas 17:00 Consumer confidence in Turkey decreased by 1.8 percent in December 2025 compared to November 16:00 Taiwan launches AD on NOES from South Korea and China 16:00 Turkish President Tosyali maintains his goals for 2025, despite difficult global conditions 15:00 Severstal: demand for steel in the Russian construction sector will fall by 10 percent by the end of 2025 15:00 JFE Steel is developing a 130 mm thick steel plate for offshore wind power facilities
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