ArcelorMittal Signs Long-Term Supply Agreement for Renewably Produced Steel
10/17/2024 - Roof window manufacturer VELUX Group has signed a 10-year commercial agreement with ArcelorMittal for renewably produced steel.
“Steel is an important material to ensure the strength and durability of our products and traditionally it’s a significant contributor to our carbon emissions,” said Jesús Villalba, senior director, direct procurement at VELUX Group. “We are pleased to be reducing its impact through this agreement, which proves that through co-engineering and collaboration with our suppliers, we can reduce our value chain emissions.”
The agreement arises from a relationship that began in 2023, when VELUX and ArcelorMittal agreed to explore the use of ArcelorMittal’s XCarb recycled and renewably produced steel in its products.
“Successful results have now culminated in the signing of this 10-year commercial agreement which outlines a framework for steel supply. VELUX is now gradually increasing order intake so that by 2025, XCarb will be used in several steel components for VELUX roof windows, replacing the conventionally produced steel that was previously used,” ArcelorMittal said.
The agreement arises from a relationship that began in 2023, when VELUX and ArcelorMittal agreed to explore the use of ArcelorMittal’s XCarb recycled and renewably produced steel in its products.
“Successful results have now culminated in the signing of this 10-year commercial agreement which outlines a framework for steel supply. VELUX is now gradually increasing order intake so that by 2025, XCarb will be used in several steel components for VELUX roof windows, replacing the conventionally produced steel that was previously used,” ArcelorMittal said.
