Les Echos has reported that Italy headquartered leading European steelmaker AFV Beltrame Group has started the new reheating furnace at its merchant bar facility Laminés Marchands in Trith-Saint-Léger in France on 9 February. The equipment replaces an outdated furnace, for an investment of EUR 22 million in the framework of the steelmakers’ major commitment to reduce its CO2 emissions by 40% by 2030 compared to 2015 for all European plants. AFV Beltrame Group’s Managing Director France Mr Carlo Beltrame said “We already have a low level of CO2 compared to the primary sector. But the challenge is to go further to reduce the carbon footprint with an investment plan.” Considering the Scope 1 CO2 emissions, the French site is currently the best-performing plant of the group. The new furnace has an increased performance and significantly reduced energy consumption needing 17% less gas compared to the dismantled reheating furnace. This translates into a 6% fall in the plant’s CO2 emissions. AFV Beltrame is launching its “Chalibria” carbon-neutral steel, for the upstream Scope 1, 2 and 3 emissions in the “cradle-to-gate” value chain. The Chalibria project started two years ago following a three-step Decarbonisation approach: measuring CO2 emissions, identifying actions and reducing emissions. This approach led to the definition of a Decarbonisation plan that includes a list of new investments to be deployed across the group’s facilities in Italy, France, Switzerland and Romania by 2030. The calculation of the Scope 1+2+3 carbon footprint of Chalibria are verified by independent certification body RINA, in accordance with ISO14064-1. Chalibria’s carbon neutrality is achieved by offsetting CO2 emissions through the purchase of carbon credits on a voluntary basis, in line with the PAS2060 (specification for the demonstration of carbon neutrality) certification.