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0 0.000893854748603333 0.00100558659217881 0.00558659217877095 0.00435754189944135 0.0167597765363128 0.0187709497206705 -0.0369273743016759
Stock impact report

ArcelorMittal, ABB Tie Up to Cut Environmental Impact With XCarb Steel [Yahoo! Finance]

Centrus Energy Corp. Class A (LEU) 
NASDAQ:AMEX Investor Relations: investors.centrusenergy.com/investor-relations
Company Research Source: Yahoo! Finance
The sustainable sourcing agreement reduces the carbon footprint of crucial electrification equipment by 29%. ArcelorMittal's XCarb helps ABB fulfill its sustainability goals by lowering the carbon impact of its products. Customers have relied on Kabeldon power distribution systems for decades to offer dependable and safe electricity. Kabeldon is now available with XCarb steel, which will help them lower the environmental impact of their power infrastructure. Low-carbon steel is an essential aspect of ABB's sustainable sourcing strategy and will be a focus of the ABB Smart Power division's portfolio for the next two years. ABB is committed to incorporating 80% of ABB products and solutions with its Circularity Approach by 2030. The usage of XCarb steel has reduced Kabeldon's production carbon footprint by 60kg CO2e, or 29%. ArcelorMittal's XCarb recycled and renewable steel is produced in an electric arc furnace utilizing at least 75% recycled steel and powered entirely by renewa Show less Read more
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