9,866.73 TRY BIST 100 BIST 100
4.87 CNY CNY CNY
35.48 USD USD USD
36.53 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.25 TRY Interest Interest
81.60 USD Fossil Oil Fossil Oil
30.67 USD Silver Silver
4.46 USD Copper Copper
100.74 USD Iron Ore Iron Ore
350.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,100.05 TRY Gold (gr) Gold (gr)

Gestamp purchases zero carbon steel from SSAB

Gestamp has signed an agreement with the Swedish steel producer SSAB for the purchase of fossil-free steel for the production of body and chassis systems.

Gestamp purchases zero carbon steel from SSAB

According to Gestamp, this agreement represents a new step in the long-standing partnership with SSAB, which includes several actions addressing all aspects of the development chain, from sales to production and testing of steel products.

Javier Imaz, Gestamp purchasing manager, said: "This partnership will further strengthen our position in the development of innovatively designed and sustainable automotive parts for increasingly safer and lighter vehicles, thus reducing energy consumption and environmental impact. This agreement reinforces Gestamp's ESG strategy on the circular economy, which Gestamp is implementing across its entire business model."

SSAB plans to offer fossil-free steel to the market on a commercial scale in 2026 and to largely eliminate CO2 emissions from its operations by 2030. Coking coal will be replaced by renewable electricity and hydrogen in the steelmaking process.

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

SMS group completed blast furnace 4 modernization of ROGESA

Wednesday, January 15, 2025

SAIL and JCIL to invest USD 692 million for electrical steel production

Wednesday, January 15, 2025

Posco and JSW to sign memorandum of understanding for steel plant in India

Saturday, January 18, 2025

Vale Indonesia signs $1 billion deal with Petrosea

Saturday, January 18, 2025

South Korea Proposes Temporary Anti-Dumping Measures on Chinese Stainless Steel Sheets

Saturday, January 18, 2025
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