Brief: Gestamp Automocion Sign New Alliance With Tata Steel UK To Almost Double Recycled Steel In Production

Gestamp Automocion SA

10/10/2023 11:19

Oct 10 (Reuters) - Gestamp Automocion SA  GEST.MC :
    * SIGN NEW ALLIANCE WITH TATA STEEL UK TO ALMOST DOUBLE
RECYCLED
STEEL IN PRODUCTION
    * SCRAP COLLECTED FROM GESTAMP'S PRODUCTION PROCESS WILL BE
SENT
TO TATA STEEL FOR USE IN FUTURE STEELMAKING
    * COLLABORATION INCREASES RECYCLED STEEL IN GESTAMP'S
PRODUCTS
FROM 17% TO 30% WITHOUT AFFECTING QUALITY, STRENGTH OR
FORMABILITY

Source text: https://tinyurl.com/yyyu8aef
Further company coverage:  GEST.MC 

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