International Steel Mills

ArcelorMittal inks 10-year green steel pact with roof window maker

Written by Ethan Bernard

October 15, 2024

Luxembourg-headquartered ArcelorMittal has entered into a 10-year commercial agreement with the Velux Group to supply the roof window maker with more sustainably produced steel.

Denmark-based Velux will gradually increase its order intake of XCarb, an ArcelorMittal product with a minimum of 75% recycled steel that uses 100% renewable electricity during production.

“The long-term agreement between our companies sends a powerful message about the importance of steel in the decarbonization of the everyday materials that we all use,” Laurent Plasman, chief marketing officer of industry, ArcelorMittal Europe – flat products, said in a statement on Tuesday.

The two companies agreed in 2023 to enter a partnership to lower the carbon footprint of the steel used in Velux roof windows by up to 70% vs. conventionally produced steel.

Ethan Bernard

Ethan Bernard is a reporter and editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA. in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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