Wednesday, October 16, 2024
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    ArcelorMittal to supply eco-friendly steel to Velux Group

    The Velux Group has signed a 10-year agreement with ArcelorMittal for the supply of recycled and renewably produced steel. In 2023, the two companies partnered to reduce the carbon footprint of steel used in Velux roof windows by up to 70pct compared to conventional steel. This collaboration involved testing ArcelorMittal’s XCarb recycled steel in Velux window hinges and installation brackets.

    The successful results have led to this commercial agreement, which establishes a framework for steel supply. Velux plans to gradually increase orders so that by 2025, XCarb will be used in several components of its roof windows, replacing previously used conventional steel.

    XCarb is made with a minimum of 75pct recycled steel and 100pct renewable electricity, utilizing an electric arc furnace powered by renewable energy at ArcelorMittal’s facility in Northern Spain. Further investigations are underway to further reduce the carbon footprint of steel supplied to Velux.

    ArcelorMittal is a leading integrated steel and mining company with operations in 60 countries. It is the largest steel producer in Europe and one of the largest in the Americas, with a growing presence in Asia through its joint venture AM/NS India. In 2023, ArcelorMittal produced 58.1 mln tons of crude steel and 42 mln tons of iron ore.

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