CELSA Group signs a collaboration agreement with Michelin in its way towards Sustainability
June 2023.- Global Steel Wire (CELSA Group) has signed a collaboration agreement with the sustainable mobility leader MICHELIN to foster circularity and sustainability of the steel products that Global Steel Wire supplies to MICHELIN.
For Global Steel Wire – the European leader in high value-added wire rod – the agreement represents a step forward for ‘CELSA Circular Steel’, a recently launched low emissions circular steel product brand that has decarbonization and circularity as the main axes.
With this collaboration agreement, Global Steel Wire will contribute to meeting MICHELIN’s demands on making materials increasingly sustainable by improving the recycled feedstock and by fostering end-of-life tire circularity.
CELSA Group is firmly committed towards climate change and actively works since years to address UN Sustainable Development Goals, being this collaboration agreement an important step further in this journey.
About Global Steel Wire
As part of CELSA Group™ – the largest European manufacturer of circular steel with 8 million tons of scrap recovered annually – it manufactures steel from recycling scrap in electric arc furnaces, the most energy and environmentally efficient steel manufacturing process. Throughout its recently released brand ‘CELSA Circular Steel’, Global Steel Wire Group offers customized low CO2 emissions steel products and services to its customers across industries in sectors with high technological demands, especially in the automotive sector, by increasing percentage of recycled materials as well as introducing renewable energy into its production processes, among others. (www.globalsteelwire.com).
About CELSA Group
CELSA Group is the first European producer of low-emission circular steel with the largest circular supply chain in Europe. It recycles ferrous scrap to produce steel in electric arc furnaces, using the most sustainable and energy-efficient technology.
The company is made up of 6 business groups and has 120 work centers, 7 steel mills, 12 rolling mills and 45 recycling plants, as well as transformation and distribution companies, which generate direct, indirect, and induced employment for more than 70,000 professionals. It is present in Spain, France, United Kingdom, Denmark, Finland, Norway, Poland, Italy, and Ireland.
The group works to solve the greatest systemic risks on the planet: the depletion of resources and the fight against climate change. To this end, it has set itself the objectives of reducing itsCO2 emissions by 50% and reaching 98% circularity by 2030 and completing its circularity and being a Net Positive company in 2050.
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