9,807.50 TRY BIST 100 BIST 100
36.37 USD USD USD
5.04 CNY CNY CNY
38.11 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.46 TRY Interest Interest
76.31 USD Fossil Oil Fossil Oil
33.10 USD Silver Silver
4.62 USD Copper Copper
106.70 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,437.60 TRY Gold (gr) Gold (gr)

Swegon started production with XCarb steel

Swedish Swegon company, has announced that it will use ArcelorMittal's XCarb steel in high-volume mass production air handling units.

Swegon started production with XCarb steel

Swegon, a Swedish HVAC (heating, ventilation and air conditioning) manufacturer with around 20 production facilities in Europe, North America and India, has announced that it will use ArcelorMittal's XCarb steel in high-volume mass production air handling units.

Market sources reported that the XCarb RRP Magnelis steel from ArcelorMittal's carbon neutral steel production project will support sustainable development and further development of the renewable energy sector. At the ISH trade fair in March 2023, the air handling unit developed with XCarb steel was demonstrated by Swegon. After the evaluations, Swegon indicated that they purchased XCarb steel instead of conventional steel and will gradually operate in air handling units.

ArcelorMittal reported that XCarb steel, which has approximately 70% lower carbon, is produced with renewable energy and is committed to achieving carbon neutrality by 2050.

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

Eurozone growth uncertainty persists as PMI drops to 50.2

Saturday, February 22, 2025

Increase in steel imports in Iran: HRC stands out

Friday, February 21, 2025

Türkiye's imported scrap market approaches March cautiously

Friday, February 21, 2025

EU considers tightening steel import quotas due to Trump's new tariffs

Saturday, February 22, 2025

Nigeria’s Steel Industry seeks donor support for revitalization

Saturday, February 22, 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