ArcelorMittal Partners With VELUX for Low Carbon-Emission Steel [Yahoo! Finance]
Centrus Energy Corp. Class A (LEU)
NASDAQ:AMEX Investor Relations:
investors.centrusenergy.com/investor-relations
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Source: Yahoo! Finance
Last year, the two companies decided to form an alliance to reduce the carbon footprint of steel used in VELUX roof windows by up to 70% compared to conventionally produced steel. The agreement included testing and validating ArcelorMittal's XCarb recycled and renewably manufactured steel, as well as its performance in VELUX roof window hinges and installation brackets. The signing of this 10-year commercial agreement, which establishes a framework for steel supply, is the consequence of successful outcomes. VELUX is gradually expanding order intake so that, by 2025, XCarb will be utilized in various steel components for VELUX roof windows, replacing traditionally produced steel. Metals (excluding aluminum) primarily consist of steel, accounting for 5.7% of the VELUX Group's total scope 3 emissions. XCarb is made with at least 75% recycled steel and uses 100% renewable electricity. An ArcelorMittal production facility in Northern Spain uses an electric arc furnace driven by renew
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- 10/28/24 - Miss
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Sec Filings
- 11/18/24 - Form 8-K
- 11/14/24 - Form SC
- 11/7/24 - Form 8-K
- LEU's page on the SEC website