10,319.96 TRY BIST 100 BIST 100
4.49 CNY CNY CNY
34.99 EUR EUR EUR
32.25 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
42.53 TRY Interest Interest
83.58 USD Fossil Oil Fossil Oil
29.64 USD Silver Silver
4.91 USD Copper Copper
116.38 USD Iron Ore Iron Ore
382.00 USD Ship Dismantling Ship Dismantling
2,467.82 TRY Gold (gr) Gold (gr)

Arcelormittal and Snop co-operate to test XCarb steel for automotive parts

ArcelorMittal, one of the leading steel producers, is taking important steps to reduce CO2 emissions in the automotive sector by accelerating the implementation of environmentally friendly XCarb steel.

Arcelormittal and Snop co-operate to test XCarb steel for automotive parts

XCarb represents ArcelorMittal's range of low carbon emission products with a strong emphasis on sustainability.

In a notable collaboration, ArcelorMittal has joined forces with French automotive supplier Snop to conduct experiments using Usibor, a high-strength steel with low carbon emissions, in structural car parts. The partnership, currently in the testing phase, includes an agreement to supply and purchase various XCarb solutions, including XCarb green steel certificates.

The use of steel accounts for 96 per cent of the CO2 emissions from Snop's purchases. In line with its sustainability goals, the company aims to reduce Scope 3 supply chain emissions by 30 per cent before 2030. Usibor plays a vital role in achieving these targets with a 70% lower CO2 footprint compared to conventional steel.

ArcelorMittal Europe is committed to reducing emissions by 35% before 2030 and ultimately achieving net zero emissions by 2050. Production of XCarb low-carbon products began last year at the Sestao plant, using an electric arc furnace process, scrap steel and 100% renewable electricity. The global XCarb programme, launched in 2021, reinforces the company's efforts and investments in low-carbon and carbon-free steels, while encouraging further initiatives and innovation projects.

Among the key developments in the low carbon steel sector, ArcelorMittal Germany now offers XCarb profiles in grades such as S235JR+M and S355J2+M in sizes ranging from HE100 to HE300 and IPE180 to IPE600. The steelmaker also supplies XCarb-certified sheet piles from its Belval plant in Luxembourg to Egersund, one of Norway's largest fishing ports. In Latin America, the company recently made a significant step forward in the region by introducing the first 50S XCarb rebar in Brazil.

Through their joint work, ArcelorMittal and Snop are at the forefront of promoting innovation and sustainability in the automotive industry, utilising XCarb steel to reduce CO2 emissions and pave the way for a greener future.

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

Chinese companies eye Mexico and Vietnam for production amid new U.S. tariffs

Friday, May 17, 2024

CVK Madencilik made a purchase of 159 thousand dollars from the Netherlands-based company!

Friday, May 17, 2024

Taiwan's flat rolled product imports fall in April

Friday, May 17, 2024

Spain's steel production dropped by 2.8% in march

Friday, May 17, 2024

Russian HRC is limited on the international market

Friday, May 17, 2024
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