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
Mexico’s TYASA breaks ground on SBQ rolling mill
Mexican steelmaker Talleres y Aceros (TYASA) broke ground this month on the construction of a new special bar quality (SBQ) rolling mill in the state of Veracruz.
Goncalves sees more US trade actions ahead, says Nippon deal for USS has ‘zero chance’
Cleveland-Cliffs’ Lourenco Goncalves thinks trade measures announced by the US government on Tuesday against China were just the opening salvo in a series of trade actions. Case in point: The Biden administration targeted China’s “unfair” trade policies with additional tariffs on an array of Chinese-made goods - including steel, aluminum, and EVs.
Nucor holds weekly HRC price steady after last week’s cut
Nucor chose to hold its consumer spot price (CSP) for hot-rolled (HR) coil steady this week after stunning the market last week with a significant price decline. The steelmaker said in a letter to customers on Monday morning that its $760-per-short-ton (st) CSP base price for HR coil is effective immediately. The price is unchanged from the CSP announced on May 6 but down $65/st from $825/st April 29.
Nucor’s Jellison set to retire, Spicer tapped for EVP role
Nucor said EVP Douglas J. Jellison plans to retire on June 8 after more than 33 years with the company. Randy J. Spicer will be promoted to EVP effective May 12.
Republican Senators demand Biden block USS sale to Nippon
Three vocal Republican senators are demanding that President Joe Biden block the sale of U.S. Steel to Japan’s Nippon Steel.