Lucerne Emmenbrücke Switzerland headquartered Swiss Steel Group has reached another milestone on the road to decarbonization. Steeltec, the Group’s Swiss plant located in Emmenbrücke, is now relying exclusively on Swiss hydropower to produce its special steels. A game-changing strategic partnership was also concluded with Axpo Holding AG. Under the terms of the contract, Axpo will supply the steel mill in Emmenbrücke until 2024 with electricity certifiably generated at hydropower stations belonging to Axpo’s fleet of Swiss power plants and at a contractually agreed price. In concluding this contract, Swiss Steel Group is betting not only on sustainability and green electricity, but is also being given the security the Group needs for long-term planning regarding electricity costs and ensures that the Group’s already low emissions can be reduced even further than the industry average. The Swiss Steel Group has decided to pursue the electric arc route exclusively in its steel mills. Owing to the use of scrap, decarbonized energy and a functioning cyclic economy, the Group’s emissions are around 78% below the industry average.The ecological footprint of the Emmenbrücke plant is the lowest within Swiss Steel Group. In 2020, the steel mill only emitted 63 kg of CO2 per ton of crude steel produced in scopes 1 and 2. This value is good compared to the industry average of around 1890 kg of CO2 produced per ton of crude steel. In switching to electricity provided by Swiss hydropower, Steeltec is using not just local energy, but also lowering its numbers further. Customers profit from rolled and bright steel material with an outstanding ecological value proposition that lets them noticeably reduce their upstream footprint.The Switzerland locations, however, are not the only Group sites using renewable energy. The steel mill in Canada and bright steel production in Düsseldorf, Germany are also producing steel entirely with electricity from renewable sources. Production in Germany and France is also switching to renewable energy to meet customer demands.
Lucerne Emmenbrücke Switzerland headquartered Swiss Steel Group has reached another milestone on the road to decarbonization. Steeltec, the Group’s Swiss plant located in Emmenbrücke, is now relying exclusively on Swiss hydropower to produce its special steels. A game-changing strategic partnership was also concluded with Axpo Holding AG. Under the terms of the contract, Axpo will supply the steel mill in Emmenbrücke until 2024 with electricity certifiably generated at hydropower stations belonging to Axpo’s fleet of Swiss power plants and at a contractually agreed price. In concluding this contract, Swiss Steel Group is betting not only on sustainability and green electricity, but is also being given the security the Group needs for long-term planning regarding electricity costs and ensures that the Group’s already low emissions can be reduced even further than the industry average. The Swiss Steel Group has decided to pursue the electric arc route exclusively in its steel mills. Owing to the use of scrap, decarbonized energy and a functioning cyclic economy, the Group’s emissions are around 78% below the industry average.The ecological footprint of the Emmenbrücke plant is the lowest within Swiss Steel Group. In 2020, the steel mill only emitted 63 kg of CO2 per ton of crude steel produced in scopes 1 and 2. This value is good compared to the industry average of around 1890 kg of CO2 produced per ton of crude steel. In switching to electricity provided by Swiss hydropower, Steeltec is using not just local energy, but also lowering its numbers further. Customers profit from rolled and bright steel material with an outstanding ecological value proposition that lets them noticeably reduce their upstream footprint.The Switzerland locations, however, are not the only Group sites using renewable energy. The steel mill in Canada and bright steel production in Düsseldorf, Germany are also producing steel entirely with electricity from renewable sources. Production in Germany and France is also switching to renewable energy to meet customer demands.
