KETEP 세계에너지시장정보

Introduction ............... 4

Overview ................... 5

1. The emergence of products claiming to be green steel ........ 7
 Products claiming to be "green steel" and their background ... 7
 Characteristics and classification of products claiming to be "green steel" ....... 7

2. Characteristics and challenges of Japan's "mass balance products" ... 10
 Characteristics of Japan's "mass balance products" ... 10
 Chain of custody (CoC) ....... 12
 Advantages and challenges of Japan's "mass balance products" ...... 13
 Appropriateness of reduction projects: which projects to select and how to calculate reductions ...... 14

3. Handling in systems and initiatives ...... 17
 Guidance and rule-making in Japan ....... 17
 Handling in international initiatives, etc. ....... 18

4. Prerequisites required for "mass balance products" ... 21
 Condition 1: Presentation of specific decarbonization plans for the entire company and each production site (steelworks) ........ 21
 Condition 2: Stricter, clearer, and more transparent reduction projects ...... 21
 Condition 3: Ensuring consistency with EPD ................... 22
 Condition 4: Attribution of recycling effects ................... 22
 Condition 5: Labeling to avoid confusion with real products ... 23

5. Hurry up and move to real, lower-carbon product evaluation ....... 23

Appendix: Chain of custody (CoC) in the steelmaking process ....... 25