9,659.48 TRY BIST 100 BIST 100
37.83 USD USD USD
5.24 CNY CNY CNY
40.78 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
46.25 TRY Interest Interest
74.48 USD Fossil Oil Fossil Oil
33.77 USD Silver Silver
5.04 USD Copper Copper
102.21 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,803.99 TRY Gold (gr) Gold (gr)

PWO Group procures low-emission steel from Salzgitter

The German automotive supplier PWO Group, known as Progress-Werk Oberkirch, plans to purchase decarbonised steel from Salzgitter from 2026.

PWO Group procures low-emission steel from Salzgitter

The company announced that it has signed a partnership agreement with Salzgitter Mannesmann Stahlservice GmbH to reduce greenhouse gas (GHG) emissions when purchasing its most important raw material, steel. "This will enable us to offer our customers an environmentally friendly alternative to conventionally produced steel in the future," says PWO.

"We have already achieved extensive reductions in greenhouse gas emissions in our production and energy supply processes and are now accelerating the decarbonisation of our value chain," says Carlo Lazzarini, chief executive officer of PWO.

Jochen Lischer, the company's chief financial officer, adds: "By 2030, we want to reduce our absolute greenhouse gas emissions in Scope 3 by 28% compared to the base year 2019. The purchase of 'green steel' from Salzgitter Mannesmann Stahlservice, whose CO2 footprint in production is up to 95% lower, will help us realise this goal."

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

Severstal continues to increase the share of new types of products

Wednesday, April 2, 2025

Rebar inspection at collapsed skyscraper in Thailand

Wednesday, April 2, 2025

European Commission announces a Clean Industrial Deal

Thursday, February 27, 2025

Iron ore enrichment plant to be built in Tajikistan

Wednesday, April 2, 2025

Egypt's iron ore imports increased by 1.9%

Wednesday, April 2, 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