ArcelorMittal and Gestamp partner to enhance scrap steel utilisation in automotive manufacturing
By Ilkhan Ozsevim2023-07-25T10:13:00
Key collaboration between ArcelorMittal and Gestamp optimises automotive manufacturing through enhanced scrap steel utilisation
The European division of the global steel and mining giant, ArcelorMittal, has forged a significant ‘circularity agreement’ between its Flat Products unit and Tier 1 automotive supplier, Gestamp, “to strengthen environmental sustainability within the automotive supply chain.”
The primary objective of the collaboration is to promote the recycling of steel scrap and drive the production of low CO2-emissions products containing high scrap content on a commercial scale, meeting the surging demand for eco-conscious solutions in the automotive market.