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ArcelorMittal NA announces sustainable steel supply agreement with GM

Wednesday, 07 June 2023 22:52:18 (GMT+3)   |   San Diego
       

ArcelorMittal North America announced it will supply General Motors (GM) with XCarb recycled and renewably produced (RRP) steel, offering significantly reduced CO2 emissions compared to much of the carbon steel available in North America.

Material will be supplied from ArcelorMittal Dofasco in Hamilton, Ontario and shipments are expected to begin during Q2 2023.

In a press release, the company said ArcelorMittal North America's XCarb RRP steel is made via the Electric Arc Furnace (EAF) route and contains a stated minimum of 70 percent scrap, with up to 90 percent scrap, and does not use carbon offsets to achieve the reduced carbon intensity. XCarb RRP is a physical steel product. Its lower CO2 intensity has been independently verified with an accompanying Life Cycle Analysis (LCA) that includes Scope 1, 2 and 3 emissions. A confirmation letter verifies the electricity used in the steelmaking process is from renewable sources.

Currently, ArcelorMittal Dofasco is undergoing a transformation to reduce carbon emissions at that facility by approximately 60 percent by moving to a Direct Reduced Iron (DRI) fed Electric Arc Furnace (EAF) steelmaking process, the company said. When complete, all ArcelorMittal facilities in North America that make automotive steel will utilize an EAF-based process.

ArcelorMittal said it is committed to reducing the carbon intensity of the steel it produces by 25 percent globally by 2030 and to achieving carbon neutrality by 2050.


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