Steel is one of the world’s most prolifically used materials, with 1.9 billion tonnes produced every year. Although steel emits less carbon than many other materials, the scale of global steel production means the industry accounts for 7% of the world’s greenhouse gas emissions.
With global steel demand expected to increase to 2.6 billion tonnes by 2050, the steel industry has an important contribution to make if the world is to meet the objectives of the Paris Agreement.
At ArcelorMittal, our goal is to help build a better world with smarter steels. Steels made using innovative processes which are more efficient, use less energy, and emit less carbon.
Our XCarb® brand is designed to bring together all of ArcelorMittal’s reduced, low and zero-carbon products into a single effort focused on achieving progress towards carbon neutral steel.