ArcelorMittal North America Announces Supply Agreement with General Motors for North American-Sourced Sustainable XCarb® Steel
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ArcelorMittal North America's XCarb™ RRP steel is made via the Electric Arc Furnace (EAF) route and contains a stated minimum of 70% scrap, with up to 90% scrap, and does not use carbon offsets to achieve the reduced carbon intensity. XCarb™ RRP is a physical steel product. Its lower CO2 intensity has been independently verified with an accompanying Life Cycle Analysis (LCA) that includes Scope 1, 2 and 3 emissions. A confirmation letter verifies the electricity used in the steelmaking process is from renewable sources.
"This is a terrific first step in supplying steel with substantially lower CO2 emissions to automakers in
"This agreement provides another example of how we are innovating with our suppliers to reduce emissions throughout the supply chain," said
Currently, ArcelorMittal Dofasco is undergoing a transformation to reduce carbon emissions at that facility by approximately 60% by moving to a Direct Reduced Iron (DRI) fed Electric Arc Furnace (EAF) steelmaking process.2 When complete, all ArcelorMittal facilities in
ArcelorMittal is committed to reducing the carbon intensity of the steel it produces by 25% globally by 2030 and to achieving carbon neutrality by 2050. More details on ArcelorMittal's climate action ambitions, strategy, technologies and ongoing decarbonization projects can be found here.
1 Reduced emissions based on an ArcelorMittal Dofasco LCA compared to World Steel Association average global Life Cycle Inventory (LCI) values (57-64% emission reduction) and AISI average North American LCI values (45-50% emission reduction) for similar steel products.
About ArcelorMittal
ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 16 countries. In 2022, ArcelorMittal had revenues of
About General Motors
(NYSE: GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which powers everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet,
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SOURCE ArcelorMittal S.A.
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