Sustainable Steel Solutions

At Norex sustainability is not an afterthought; it is our business model.

Sustainability

Sustainability Statement

Our focus has always been to make the most of the worlds’ steel and create sustainable steel solutions. The essence of this is based on minimizing waste, increasing productivity, reducing cost and environmental footprint for our stakeholders as well as maximizing the lifespan of steel.

We believe that sustainability is not about compromise; it’s about optimizing every resource and promoting a more environmentally responsible steel industry. Norex is proud to play a significant role in this endeavor, ensuring that steel remains a cornerstone of modern life while respecting the planet’s resources.

Our role in the Steel Life Cycle

Steel is an essential material in our world, and its production has a significant impact on both the environment and resources. Norex plays an important role in optimizing the use of steel throughout its life cycle, contributing to sustainability without compromising quality. By providing options for steel reuse and recycling, we promote a circular economy. Our work centers around ensuring that steel can have multiple lifecycles, reducing the demand for new production and minimizing waste and unnecessary CO2 emissions.

Norex helps the lifecycle of steel to be more sustainable in the following ways:

In steel production there will inevitably be some products with defects – often resulting in the steel mills remelting the material. Often these products will be of good enough quality which would not have any impact on many manufacturers’ usability of the steel. Norex’ Steel Trading division excels in sourcing this non-prime/secondary steel and distributing it to manufacturers by making sure that they get a good understanding of the usability in regard to their specific needs. This operation results in expanded lifespan of steel, waste reduction and reduced environmental impact.

In steel production there will also be scrap and material too defective to use by manufacturers. When this material needs to be remelted, Norex’ Steel Mill Services manages the material as efficiently as possible. With a lot of experience, Norex optimizes scrap and slag management processes, translating into reduced energy consumption, improved safety, and all together a more sustainable steel production.

Safe workplace and continuous improvements

In our sustainability reports, we display our progress, challenges, and learnings. Our reports provide insights into our journey to reduce our carbon footprint, optimize resource consumption, and promote diversity and inclusion. We believe in transparent reporting to showcase our ongoing efforts to improve and optimize our work, all of which contribute to a more sustainable steel industry.

Transparent Reporting for a Sustainable Future

In our sustainability reports, we open the doors to our progress, challenges, and learnings. Our reports provide insights into our journey to reduce our carbon footprint, optimize resource consumption, and promote diversity and inclusion. We believe in transparent reporting to showcase our ongoing efforts to improve and optimize our work, all of which contribute to a more sustainable steel industry.

Sustainability reports

In our sustainability reports, we open the doors to our progress, challenges, and learnings. Our reports provide insights into our journey to reduce our carbon footprint, optimize resource consumption, and promote diversity and inclusion. We believe in transparent reporting to showcase our ongoing efforts to improve and optimize our work, all of which contribute to a more sustainable steel industry.

2022
2021

Policies

At Norex, we believe that our business practices should be guided by our commitment to social responsibility. Our policies reflect our values and principles and provide a framework for our operations. We are committed to upholding these policies and ensuring that our business practices are sustainable and responsible.