Hyundai Steel has acquired Environmental Product Declaration (EDP) certification for its steel sheet products including hot rolled steel sheet, cold rolled steel sheet, coated sheet and thick sheet.
The certification is all the more meaningful in that it was issued by International EPD of Sweden, which has an established worldwide reputation.
The certification is expected to help the company make effective inroads into the European market, which is known for its notoriously strict environmental regulations. EPD is a scheme under which the environmental impact of a product’s entire life cycle, from harvesting of raw material to production, distribution, usage and disposal, is quantitatively indicated and disclosed, allowing consumers to compare and select environmentally friendly products. In acquiring the certification, the company has reflected the latest trends in environmental impact assessment, including the greenhouse gas emissions reduction contribution of recycling steel and iron materials and utilizing byproducts that arise in the ironmaking process. These factors have not yet been adopted by domestic certification schemes. It is expected that the certification will help boost the global competitiveness of Hyundai Steel’s automotive steel and shipbuilding plate products.