SSAB has signed a contract with the Spanish company Gestamp, a major global automotive supplier of lightweight and safety components, for the supply of fossil-free steel for body-in-white and chassis system products.
Gestamp is an international company specializing in the design, development and manufacture of advanced metal components for major vehicle manufacturers. It develops products with an innovative design to produce lighter and safer vehicles that offer lower energy consumption and reduce environmental impact. The products cover the areas of bodywork, chassis and mechanics. The company is present in 24 countries around the world with more than 115 production facilities (5 are under construction), 13 R&D centers and almost 43,000 employees.
“The partnership with SSAB in fossil-free steel will further strengthen Gestamp’s position in the development of innovative and sustainable automotive components to achieve ever safer, lighter vehicles and thus reduce energy consumption and environmental impact. It will also make an important contribution to Gestamp’s sustainability goals,” predicts Javier Imaz, CPO (Chief Procurement Officer) at Gestamp.
“We are delighted to welcome Gestamp as an SSAB Fossil-free steel partner. Together we will help the automotive industry achieve the ambitious CO2 reductions that both manufacturers and consumers are demanding, and we will deliver more sustainable cars to the end consumer,” says Tony Harris, Head of Sales and Business Development at SSAB Europe.
This agreement marks a new step in the long-standing partnership between Gestamp and SSAB, which includes a variety of activities covering all aspects of the development chain, from sales and production to testing and customer experience, as an example of cross-company collaboration in the world of steel products.
SSAB plans to revolutionize the entire steelmaking process and will launch “fossil-free” steel on a commercial scale from 2026 and largely eliminate carbon dioxide emissions from its operations in around 2030. SSAB’s production of fossil-free steel eliminates virtually all carbon dioxide emissions. The by-product of steel production would then be water. During the process, coke, which is traditionally used for steel production, is replaced by fossil-free electricity and hydrogen.