10,746.98 TRY BIST 100 BIST 100
40.59 USD USD USD
5.66 CNY CNY CNY
47.04 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
39.88 TRY Interest Interest
71.28 USD Fossil Oil Fossil Oil
48.71 USD Silver Silver
4.45 USD Copper Copper
99.02 USD Iron Ore Iron Ore
332.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,387.23 TRY Gold (gr) Gold (gr)

Acciaierie Venete introduced its "LUMEN" brand steel, produced using 100% renewable electricity

The Italian manufacturer launched its steel products made entirely with renewable electricity at its Padova facility.

Acciaierie Venete introduced its "LUMEN" brand steel, produced using 100% renewable electricity

Italy-based steel producer Acciaierie Venete has announced the launch of its next-generation steel product line, “LUMEN,” made using 100% renewable electricity at its Padova facility. With this new product, the company aims to strongly support its sustainability goals and offer customers a greener solution by reducing its carbon footprint.

The new steel, named “LUMEN,” is produced solely with electricity sourced from renewable resources. According to the company, LUMEN represents a transparent and concrete step toward reducing environmental impact, directly contributing to the reduction of greenhouse gas emissions.

The product will be available on demand this year with an additional charge of 13 euros per ton. This pricing ensures the complete elimination of Scope 2 (indirect) emissions generated during the production of LUMEN steel. As a result, the product’s carbon footprint will be further improved while maintaining its current reliability standards.

Acciaierie Venete emphasized that this initiative is fully aligned with the company’s Decarbonization Plan and is specifically designed to meet the rapidly increasing environmental expectations of its customers, partners, and entire supply chain.

The LUMEN brand is also positioned as part of Acciaierie Venete’s broader “Steelnovo” strategy, which integrates ESG (Environmental, Social, and Governance) principles into its business model. Through this approach, the company demonstrates its respect for the environment and the communities it collaborates with.

Customers interested in the new product are advised to contact Acciaierie Venete’s Sales Department for more information.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Steel prices in the Middle East shaped by production and demand dynamics

Monday, August 4, 2025

Iran's steel sector is struggling with an energy crisis: uninterrupted production in only one month out of 12

Monday, August 4, 2025

BlueScope-led consortium considers takeover of Australia's Whyalla steel mill

Monday, August 4, 2025

Japan Steel Works announced growth above expectations in the first quarter of fiscal 2026

Monday, August 4, 2025

Nippon Steel to fully acquire Kurosaki Harima

Monday, August 4, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now