Global steel giant ArcelorMittal last month said that whether steel beams in the construction sector or screws for sustainable furniture or bed springs for innerspring mattresses made from XCarb recycled and renewably manufactured steel is finding more and more interested parties. ArcelorMittal Europe Long Products Chief Operating Officer Mr Lutz Bandusch said “Sustainably manufactured products are not only good for the environment & companies also expect them to give them a clear competitive advantage over conventionally manufactured products. We are already anticipating increasing demand and are integrating our low-emission steelmaking technologies into our two technological paths for our Net Zero steel offering: Innovative DRI and Smart Carbon, both revolutionary paths of Steelmaking that have the potential to provide carbon neutral steel.”One of the most demanding industry segments in terms of decarbonization is the construction industry. Steel is used as a reinforcement element in concrete or cables. These product families are mainly wire rod, rebar in bars or rebar in coils and high carbon prestressed steels. The regulations in Scandinavia are more demanding, but all countries follow the same trends. The most demanding customers are the state institutions. At the time of inquiry for new buildings and infrastructure, the requirements now also include carbon footprint thresholds. New projects are approved if the carbon footprint meets the requirements.ArcelorMittal WireSolutions will offer a range of low-emission steel products through its full vertical integration, from raw material to end product, mainly with ArcelorMittal Hamburg's steel mill under the XCarb brand.Other industries, including the energy, transport and automotive industry, are following the same trend towards decarbonization as the construction & wire industries. Over the past few decades, reducing tailpipe emissions has been the primary goal of many Original Equipment Manufacturers & Tier 1 automotive suppliers. The first step in achieving their goals is the electrification of vehicles. To complete this approach, OEMs are also aiming to reduce their own Scope 3 emissions. ArcelorMittal can help reduce its customers' Scope 3 emissions by supplying steel with XCarb Green Steel certificates,Environmental data is calculated for the most important product groups and published in Environmental Product Declaration. These are standardized and third-party verified documents that use the Life Cycle Assessment methodology to indicate the environmental impact of a product. This also includes the Global Warming Potential, which gives a simple way of indicating the carbon footprint of a product and makes it comparable. In addition to the already very good sustainability data of these products, it certifies XCarb recycled and renewably manufactured rebar a GWP of 300 kg CO2-equivalent per tonne of finished steel, which is well below the market average.
Global steel giant ArcelorMittal last month said that whether steel beams in the construction sector or screws for sustainable furniture or bed springs for innerspring mattresses made from XCarb recycled and renewably manufactured steel is finding more and more interested parties. ArcelorMittal Europe Long Products Chief Operating Officer Mr Lutz Bandusch said “Sustainably manufactured products are not only good for the environment & companies also expect them to give them a clear competitive advantage over conventionally manufactured products. We are already anticipating increasing demand and are integrating our low-emission steelmaking technologies into our two technological paths for our Net Zero steel offering: Innovative DRI and Smart Carbon, both revolutionary paths of Steelmaking that have the potential to provide carbon neutral steel.”One of the most demanding industry segments in terms of decarbonization is the construction industry. Steel is used as a reinforcement element in concrete or cables. These product families are mainly wire rod, rebar in bars or rebar in coils and high carbon prestressed steels. The regulations in Scandinavia are more demanding, but all countries follow the same trends. The most demanding customers are the state institutions. At the time of inquiry for new buildings and infrastructure, the requirements now also include carbon footprint thresholds. New projects are approved if the carbon footprint meets the requirements.ArcelorMittal WireSolutions will offer a range of low-emission steel products through its full vertical integration, from raw material to end product, mainly with ArcelorMittal Hamburg's steel mill under the XCarb brand.Other industries, including the energy, transport and automotive industry, are following the same trend towards decarbonization as the construction & wire industries. Over the past few decades, reducing tailpipe emissions has been the primary goal of many Original Equipment Manufacturers & Tier 1 automotive suppliers. The first step in achieving their goals is the electrification of vehicles. To complete this approach, OEMs are also aiming to reduce their own Scope 3 emissions. ArcelorMittal can help reduce its customers' Scope 3 emissions by supplying steel with XCarb Green Steel certificates,Environmental data is calculated for the most important product groups and published in Environmental Product Declaration. These are standardized and third-party verified documents that use the Life Cycle Assessment methodology to indicate the environmental impact of a product. This also includes the Global Warming Potential, which gives a simple way of indicating the carbon footprint of a product and makes it comparable. In addition to the already very good sustainability data of these products, it certifies XCarb recycled and renewably manufactured rebar a GWP of 300 kg CO2-equivalent per tonne of finished steel, which is well below the market average.