Apr. 26, 2022

Nippon Steel Corporation

Nippon Steel Corporation (hereinafter, “Nippon Steel”) and Vale S.A. (headquarters: Rio de Janeiro, Brazil; CEO: Eduardo Bartolomeo; hereinafter, “Vale”), one of the world’s foremost mineral resource companies, have signed a memorandum for the purpose of strengthening their relationship and considering and discussing specific strategies, with the aim of realizing carbon neutral steelmaking processes.

Based on this memorandum, Nippon Steel and Vale will engage in joint research regarding the utilization of raw materials which contribute to DRI(direct reduced iron), green mold pig iron (*1), green briquettes (*2), and other carbon neutral steelmaking processes, and will pursue the possibility of realizing these.

In March of 2021, Nippon Steel announced “Nippon Steel Carbon Neutral Vision 2050,” positioning environmental issues on a global scale as a vital issue forming the foundation of business management and aiming for the consideration and execution of various measures.

By constantly pursuing the world’s top technology and manufacturing capabilities, Nippon Steel will continue to contribute to social development through activities that are in line with the “Social Development Goals” (SDGs) adopted by the United Nations.

(*1) Green mold pig iron
Pig iron in which molten iron produced using carbon neutral carbon materials is cooled and solidified

(*2) Green briquettes
Raw materials in which iron ore fines are molded using pressure, without the use of heat

For inquiries
Public Relations Center 　Tel.: +81-3-6867-3419, 2135, 2146, 2977

Return to Press Release