ArcelorMittal, the world’s leading steel and mining company, and Snop, a major tier-one European automotive supplier, have signed a sustainability-focused memorandum of understanding (MoU) at Snop’s headquarters in Villepinte, France.
The agreement also includes a commitment to trial the use of high strength, low carbon-emissions steel in structural car parts. The MoU seeks to strengthen the two companies’ cooperation on environmental sustainability, specifically through the use of XCarb solutions that contribute to the decarbonisation of the automotive sector.
XCarb is the name under which all ArcelorMittal’s low-carbon emissions products and all decarbonization initiatives are grouped.
The MoU includes an agreement to trial the use of Usibor, a high-strength steel, made using ArcelorMittal’s XCarb recycled and renewably produced steel. More broadly, the MoU covers the supply and purchase of other XCarb solutions including XCarb green steel certificates.
Usibor manufactured with XCarb recycled and renewably produced substrate, typically has a CO2 footprint that is almost 70pct lower compared with conventionally produced steel. High-strength structural car parts, used in the frame of a vehicle, have already been manufactured by the Snop and ArcelorMittal teams, with the first tests of the parts underway.
Snop is a major tier-one supplier to the automotive industry in Europe. The company develop and manufacture stampings and assemblies, complex assemblies, Class A surface parts and roll-formed parts.
