Pig iron makers ink environmental pact

Aug 07, 2012 | 05:42 PM |

Tags  pig iron, Greenpeace, Severstal, Brazil, Sean Davidson

NEW YORK — Seven pig iron producers in Brazil’s Maranhão state have signed an agreement to eliminate Amazon deforestation from their supply chain and monitor their charcoal supply to help prevent the use of forced labor.

Environmental activist group Greenpeace is now calling on U.S. automakers to join the initiative, which was signed in the past week, to ensure that the terms of the agreement are met.

"We now need car companies in the U.S. like Ford (Motor Co.) and General Motors (Co.) to step up and help enforce this agreement. Regular checks on suppliers and contract cancellations with those that don’t live up to their commitments will send the signal that the U.S. will not tolerate slavery or rainforest destruction in the making of our cars," Greenpeace USA forest campaigner Daniel Brindis said in a statement.....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results