Italian steelmaker Acciaieria Arvedi has agreed to supply low-emissions steel to automotive company Gestamp.

The agreement will also allow Gestamp, which produces metal components for the automotive industry, to return steel scrap from the production of stamped parts to Acciaieria Arvedi, Italy’s largest flat-rolled steel producer.

‘‘With this agreement, we are continuing our circular economy roadmap in line with Gestamp’s ESG strategy...''

Javier Imaz, Gestamp’s chief procurement officer

‘‘With this agreement, we are continuing our circular economy roadmap in line with Gestamp’s ESG strategy, especially with regard to decarbonization in the automotive components industry through the use of Arvzero’s low-emission steel derived from high quality scrap,’’ said Javier Imaz, Gestamp’s chief procurement officer.

Acciaieria Arvedi produces hot- and cold-rolled flat products, welded pipes and precision tapes, with a total annual production volume of over 5Mt. The company produces steel coils from recycled scrap for various sectors, including the automotive industry.

"Our collaboration represents an important step for steel products with a sustainable supply chain."

Fabio Baldrighi, vice president, Acciaieria Arvedi

"Our collaboration represents an important step for steel products with a sustainable supply chain," stated Fabio Baldrighi, vice president at Acciaieria Arvedi, at the signing of the agreement.