Study Group on Green Steel for Green Transformation (GX) to be Launched

1. Purpose

The steel industry is a hard-to-abate one, and efforts for GX in this industry are expected to become a major key to achieving a decarbonized society.

As more and more companies inside and outside Japan are selling green steel, the purchase of green steel by consumers may contribute to promoting GX in the steel industry. Steel is produced through a variety of processes, and the industry needs to appropriately convey information to consumers in an easy-to-understand way on the characteristics of each green steel and the significance of using such steel. It is also important for the industry to encourage consumers to choose green steel and facilitate this choice to expand the market for the steel.

The study group will focus on the sale of green steel products, which have become popular, hold discussions on ideal approaches to conveying information to consumers as well as on challenges in expanding the market, and organize future actions.

2. Discussion framework

The study group will consist of some expert members and observers who are practitioners representing suppliers and consumers, including related companies and associations. It will start a series of meetings in October 2024 and aims to compile the discussion results as quickly as possible.

3. Publication of the meetings

The study group is scheduled to open the meetings to the public.

Divisions in Charge

•  Metal Industries Division, Manufacturing Industries Bureau

• GX Promotion Planning Office, Environmental Policy Division, GX Policy Group