VINCO, a benchmark company within the Lontana Group in the supply of strip, wire and cable, drives its alliance with ARANIA with the global aim of contributing to the decarbonisation of the metallurgical industry. ARANIA is the leading manufacturer of precision cold-rolled steel in Southern Europe and the collaboration between the two companies has facilitated a sustained expansion across different markets.
Green steel refers to steel produced through CO2-free processes, using renewable energy and industrial processes that dispense with coke and, thus, do not emit CO2 into the atmosphere.
This transition is giving rise to significant change across many sectors, especially the automotive sector, which is also undergoing a process of mobility electrification.
The world’s major steel makers have already launched all types of investments in order to achieve climate neutrality by 2050. However, European steel leaders estimate that steel production costs will increase to ensure the required CO2 emissions level by 2050, predominantly due to the need for huge investments in plant upgrades.
This initial step is the beginning of the transformation that LONTANA GROUP and VINCO are initiating towards the distribution of steel with reduced emissions and to contribute to the improvement of the planet and the fight against climate change.
Photo. Reception of the first two coils of ARANIA green steel strip at VINCO’s facilities located in Larrabetzu, Bizkaia. ARANIA and VINCO collaboration team.