NSC1 is focused on pursuing world-leading technologies and manufacturing capabilities, providing excellent products and services, and seeking strategic-growth opportunities.
Enhanced Electrical Steel Technologies: Essential to Electric Vehicles & More
• NSC is one of the top electrical steel producers in the world in terms of technology and reliability and has a proven advantage in the market.
• The goal of this transaction is to utilize NSC’s electrical steel technology to make U. S. Steel one of the leading electrical steel producers in the United States and accelerate its decarbonization goals.
• NSC is one of the best steelmakers in the world that can produce high-grade electrical steel by using electric arc furnace (EAF) technology.
• In addition, NSC is further improving manufacturing capacity and quality of the highest grade non grain oriented electrical steel sheets, which contribute to higher performance of eco-cars, and thus contribute to CO2 emissions reductions.
Increased Access to Automotive Flat-Steel Technologies: Essential to American-made Vehicles
• NSC will be able to help U. S. Steel develop new technologies and innovations for the benefit of auto customers.
• U. S. Steel will be able to build on its longstanding relationship with the U.S. auto industry by offering those customers even more value through its connection to NSC. NSC’s highly regarded manufacturing and quality
technologies will be available to aid U. S. Steel’s automotive customers in the development of next-generation vehicles. For more information, visit www.bestdealforamericansteel.com
Differentiated Operation and Maintenance Technologies: Essential for American Competitiveness
• The combined expertise and experience of NSC and U. S. Steel is expected to further enhance the cost competitiveness and reliability of U. S. Steel’s operating facilities.
• U. S. Steel will also be able to leverage NSC operational technologies and know-how related to energy savings, integrated steel production and recycling.
Drive Towards Decarbonization: Essential to a Sustainable World
• To meet the needs and demands of customers, NSC and U. S. Steel share a commitment to decarbonize by 2050 and recognize that solving sustainability challenges is a fundamental pillar of a steelmaker’s long term viability and growth.
• Likewise, NSC and U. S. Steel understand diverse methods or alternatives are necessary to overcome the challenges facing the steel industry.
• NSC is working on three breakthrough technologies to progress towards its goal of achieving carbon neutrality by 2050, including:
– High-grade steel production in large size electric arc furnaces;
– Hydrogen use in the direct iron reduction process; and
– Hydrogen injection technology for blast furnaces.
• U. S. Steel is similarly focused on reducing its carbon footprint, including through reduced energy consumption, increased use of renewable energy, and advancing partnerships for carbon capture and other methods benefiting integrated operations.
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