Automotive supplier to use SSAB's fossil-free steel

Automotive supplier to use SSAB's fossil-free steel

Meneta Group, a global supplier of automotive components, is committing to fossil-free steel from SSAB for its global production of components and sealing materials.

From 2026, Meneta expects initial Scope 3 CO2 reductions of 5-6kt, growing to approximately 60kt in subsequent years when its global brake component and sealing and decoupling material productions fully incorporate fossil-free steel from SSAB.

Steel remains the main component of most of Meneta’s products and a principal challenge in terms of emissions reduction- so the commitment to fossil-free steel is harked by the company as a crucial step forward in terms of its decarbonization strategy.

Read more from Steel Times International

Date posted 10/03/2023

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