Steel Mills
ArcelorMittal Dofasco to Supply GM With Low-Carbon Steel
Written by Laura Miller
June 7, 2023
General Motors will soon be sourcing low-carbon steel from ArcelorMittal North America.
The steelmaker said it will provide the Detroit-based automaker with its XCarb™ recycled and renewably produced (RRP) steel made at its ArcelorMittal Dofasco plant in Hamilton, Ontario.
Shipments are anticipated to begin in the current quarter, ArcelorMittal said in a statement.
Made via the electric-arc furnace (EAF) steelmaking route, ArcelorMittal’s XCarb RRP steel contains 70-90% scrap and does not utilize carbon offsets to achieve the reduced carbon intensity, the company said.
“This is a terrific first step in supplying steel with substantially lower CO2 emissions to automakers in North America,” commented Peter Leblanc, chief marketing officer of automotive at ArcelorMittal.
“This agreement provides another example of how we are innovating with our suppliers to reduce emissions throughout the supply chain. It also highlights how strong supplier relationships can help build a better, more sustainable future,” said Jeff Morrison, GM’s VP of global purchasing and supply chain.
ArcelorMittal Dofasco is currently adding to its plant a 2.5-million-ton-per-year direct-reduced iron (DRI) furnace and a second EAF with an annual production capacity of 2.4 million tons. With the project, the company aims to reduce the location’s carbon emissions by approximately 60%. When the project is completed by 2026, all of the company’s North American facilities that produce automotive steel will do so via the EAF route.
Earlier this year, US Steel said it will also be supplying GM with its own low-carbon steel produced at its Big River Steel EAF sheet mill in Arkansas.
By Laura Miller, laura@steelmarketupdate.com
Laura Miller
Read more from Laura MillerLatest in Steel Mills
AISI: Raw steel production eases to 5-week low
Domestic raw steel mill production slipped to a five-week low last week, according to the latest figures released by the American Iron and Steel Institute (AISI). Weekly production is now at the third-lowest level recorded this year.
Nucor maintains HR price at $750/ton
Nucor’s weekly consumer spot price (CSP) for hot-rolled (HR) coil was unchanged week on week (w/w) at $750 per short ton (st) on Monday, Nov. 18.
Mexican court orders sale of officially bankrupt AHMSA
After failing to reach agreements with its creditors, Altos Hornos de México (AHMSA) has been formally declared bankrupt by a Mexican bankruptcy court.
AISI: Raw steel production edges back up
Domestic raw steel production recovered last week, after slipping the week prior, according to the latest American Iron and Steel Institute (AISI) data. Weekly production remains at some of the lowest levels recorded this year.
Cliffs closes its 2024 HR spot book
Cleveland-Cliffs announced the closing of its December order book for hot-rolled coil spot purchases, though it said contract bookings remain available.