13,115.13 TRY BIST 100 BIST 100
51.01 EUR EUR EUR
44.21 USD USD USD
6.47 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
40.38 TRY Interest Interest
112.26 USD Fossil Oil Fossil Oil
5.46 USD Copper Copper
106.15 USD Silver Silver
109.20 USD Iron Ore Iron Ore
369.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,886.71 TRY Gold (gr) Gold (gr)
108.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Arvedi and Gestamp aim to reduce carbon footprint

Italian steel producer Acciaieria Arvedi and Spanish automotive components manufacturer Gestamp signed an environmentally friendly cooperation in July 2024. Under the agreement, low-emission steel components will be supplied to original equipment manufacturers (OEMs) using Arvedi's "Carbon neutral certified ARVZERO™ steel".

Arvedi and Gestamp aim to reduce carbon footprint

Gestamp chose Acciaieria Arvedi in line with its goal of creating a sustainable supply chain. Through an R&D project initiated three decades ago, Arvedi has developed an innovative technology that enables the production of steel from recycled scrap. This technology significantly reduces CO2 emissions and utilises certified renewable energies when producing using the Arvedi-ESP method and electric arc furnaces.

This strategic partnership is seen as an important step towards decarbonisation in the automotive industry. The steel scrap generated during Gestamp's stamping processes will be returned to Arvedi, where it will be reprocessed and incorporated into the production cycle. This will ensure more efficient use of resources by acting in line with circular economy principles.

Javier Imaz, Purchasing Director at Gestamp, stated that the agreement is in line with Gestamp's environmental, social and governance (ESG) strategy and supports their decarbonisation goals in the production of automotive components through the use of low-emission ARVZERO™ steel.

Fabio Baldrighi, Vice President of Acciaieria Arvedi, emphasised that the cooperation is an important step towards creating a sustainable supply chain. Arvedi serves many sectors, including the automotive industry, with steel coils produced from recycled scrap and has a total annual production capacity of over 5 million tonnes.

The agreement will enable Gestamp to utilise ARVZERO™ steel produced at Arvedi's Cremona plant and processed at its Cremona and Trieste plants. It is stated that direct emissions in Arvedi's production process are compensated in accordance with the Scope 1 and Scope 2 parameters of the Greenhouse Gas Protocol.

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

East Pipes completed new steel pipe production line

Thursday, March 19, 2026

JSW and ArcelorMittal Poland sign PLN 2.1 billion coking coal deal

Thursday, March 19, 2026

SSAB releases 2025 report: Leadership in green steel and strategic transformation accelerate

Thursday, March 19, 2026

Storage integrated solar power investment in Konya: Chint Solar and Kançal Enerji collaboration

Thursday, March 19, 2026

Tata Steel partners with USTB for low-carbon steel production

Thursday, March 19, 2026
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