8 OCTOBER 2023IN MYOPINIONSUSTAINABLE STEEL PRODUCTION THROUGH CIRCULAR ECONOMY AND TECHNOLOGICAL ADVANCEMENTSBy Slavko Kanalec, Executive Director of Manufacturing, Technology, and Investment, SIJ GroupThe strategy of sustainable development at SIJ Group is aimed at preserving and strengthening the best sustainable practices used by modern recycling-oriented steel manufacturers, which include the production companies of SIJ Group. Our production of steel is based on the use of secondary raw materials, which means that, on average, we emit four times less carbon dioxide than integral steel mills, which produce steel from ore. At SIJ Group, we operate according to the principles of the circular economy. We produce steel solely from scrap steel, we ensure the closure of material flow cycles, and we recycle almost all our industrial waste. Our ambitious plan for 2024 is to obtain a certificate according to the standards of the independent international organization ResponsibleSteel, which commits holders to comply with ESG standards throughout the steel production chain.Proprietary Raw Material Supply Base for Scrap SteelOur efforts in this area are increasingly being recognized by our customers, suppliers, and other parties. When selecting partners, they are increasingly attentive to whether a company is committed to a circular economy and overall sustainability. In addition to the price and the quality of the steel input, the source of raw materials is essential when making supply decisions. To ensure a steady supply, it is important to establish a good working relationship with suppliers that are located nearby and to ensure high-quality supplies with the lowest possible carbon footprint. This is why SIJ Group must maintain its raw material supply base. With its extensive network Slavko Kanalec
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