Swiss Steel credits scrap for low carbon footprint

In North America, Swiss Steel owns the Finkl Steel plant in Chicago and Finkl Steel-Sorel in Quebec. Finkl Steel says it produces “high-quality steel starts with strictly controlled scrap metal,” which is melted using electric arc furnaces (EAFs) in Chicago and in Sorel, Quebec. “An additional melting process, called vacuum arc remelting, produces premium quality material for the strictest applications,” Finkl adds, referring to its production of die blocks, bars and custom forgings used in aerospace markets.

“Sustainable steelmaking is in the DNA of Swiss Steel Group, which is strongly committed to decarbonization and green steel,” Swiss Steel Group CEO Frank Koch says.