9,367.77 TRY BIST 100 BIST 100
34.56 USD USD USD
36.19 EUR EUR EUR
4.79 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
41.35 TRY Interest Interest
74.24 USD Fossil Oil Fossil Oil
30.90 USD Silver Silver
4.09 USD Copper Copper
100.80 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,982.57 TRY Gold (gr) Gold (gr)

Swiss Steel changes its product range by carbon footprint

Robert Baron, Swiss Steel's corporate strategy director, said at the Green Steel World trade fair and conference in Essen on Tuesday that Swiss Steel is working with customers on solutions to reduce the overall carbon footprint of production.

Swiss Steel changes its product range by carbon footprint

Although electric arc furnaces are used in Swiss Steel's scrap-based production, without emissions from the oxygen pathway, the end products bear the footprint of the various ferroalloys used for special bar grades. Therefore, a critical listener asked, "Would customers change their steel product choices in favor of a lower carbon version?"

"First of all, customers look at the type they need, but we're discussing how we can replace some traditional products, for example, you can replace some stainless steels with some engineering steels with similar mechanical properties" replied Baron.

Baron also touched on the energy mix of the group's three main manufacturing countries. Energy in Switzerland is mostly hydroelectric and therefore "green" in nature, while France gets most of its electricity from nuclear power plants and Germany from coal plants. When energy prices skyrocketed last year, he said, "We shifted production from factories in Germany to France, where energy is heavily subsidized by the state and therefore cheaper."

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

South Korea's crude steel production decreased by 18.3% in October

Friday, November 22, 2024

SSAB and Saint-Gobain's slag reprocessing plant in Raahe progresses

Friday, November 22, 2024

US Steel Producer partners with Primetals Technologies for EAF Ultimate

Friday, November 22, 2024

Imported scrap prices on the decline, demand stagnant!

Friday, November 22, 2024

Roadmap for India’s steel sector: Demand, imports and future plans

Friday, November 22, 2024
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