13,297.41 TRY BIST 100 BIST 100
7.06 CNY CNY CNY
54.58 EUR EUR EUR
47.43 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
42.00 TRY Interest Interest
87.77 USD Fossil Oil Fossil Oil
6.51 USD Copper Copper
88.75 USD Silver Silver
95.06 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
95.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Volkswagen transforms metal scraps into electrical steel

GMH Group transforms metal scraps accumulated at Volkswagen's Osnabrück plant into new high-tech electrical steel (silicon steel). The two companies, which want to strengthen their cooperation, contribute to the automotive industry to a great extent in recycling with this method.

Volkswagen transforms metal scraps into electrical steel


GMH Group transforms metal scraps accumulated at Volkswagen's Osnabrück plant into new high-tech electrical steel (silicon steel). The two companies, which want to strengthen their cooperation, contribute to the automotive industry to a great extent in recycling with this method.

At its Osnabrück plant, Volkswagen uses the strip steel to manufacture body components for local production and other group locations. In the last few years, Volkswagen has been delivering leftover metal residues from the production process to the electrical steel (silicon steel) plant in Georgsmarienhütte, about ten kilometers away, for recycling. Here, metal residues are melted in an electric arc furnace and converted into a completely new, high-quality primary material for Volkswagen AG's transmission production. Compared to the same amount of steel produced in a conventional blast furnace, recycling metal scrap has already saved 8,000 tons of CO2 per year.

As a result of this ongoing partnership between Volkswagen and the GMH Group, deliveries of metal scraps will remain high in the future, thereby reducing the CO2 footprint of both companies. “In the process of decarbonising the steel industry, scrap is becoming more and more important as a resource of value. As the most climate-friendly steel company in Germany, this agreement takes us one step further on the path to climate neutrality in 2039. closer,” he said.

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

Far East flat steel market | July 24-30, 2026

Friday, July 31, 2026

Steel prices rise in Romania and Bulgaria as buyers remain cautious

Thursday, July 30, 2026

European flat steel prices increased slightly despite ongoing summer slowdown

Thursday, July 30, 2026

Tosyalı Algeria produces first product at its Cold Rolling Complex

Wednesday, July 29, 2026

Türkiye's cold-rolled coil exports decreased by 57.4% in May

Tuesday, July 28, 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