ArcelorMittal has won a contract to supply low-carbon emissions steel to the Monnaie de Paris, the French institution that produces France’s euro coins for the French and European Central Banks. The supply will include the production of €1 ($1.14), 2 and 5 cent coins, marking the first time reduced emissions steel will be used in euro cent coin production, Kallanish notes.
The steelmaker will supply XCarb recycled and renewably produced cold-rolled steel, made by ArcelorMittal Europe Flat Products and processed at its service centre in Ottmarsheim, France, where slitting operations are carried out to meet the specific requirements of coin manufacturing.
Monnaie de Paris will purchase 800 tonnes of the low-carbon emissions steel annually. XCarb steel generates up to 68% less CO2 than conventional blast furnace steel, with a carbon footprint of around 800 kg CO2e/tonne compared to approximately 2,500 kg CO2e/t for traditionally produced steel.
In a joint note obtained by Kallanish, procurement director at Monnaie de Paris Aïcha Nowak says the partnership perfectly supports its Ambition 2027 strategy in which the energy transition and the reduction of its carbon footprint play a central role.
“We are taking another concrete step towards our objective of reducing our carbon emissions by 50% while supporting a more circular approach to coin production.”
The partnership is the result of nearly a decade of technical collaboration between the two companies.
Author: Natalia Capra
