Schaeffler and Chinese steel giant CITIC Pacific Special Steel have made significant strides in their collaborative effort to reduce carbon emissions in the steel industry. As part of this ongoing partnership, Xingcheng Special Steel, a subsidiary of CITIC Pacific Special Steel, recently delivered a batch of high-quality steel to Schaeffler, designed specifically for the production of ultra-low-carbon bearings.
The new steel, produced using advanced technology, has successfully reduced the carbon intensity of the bearings by over 50% compared to traditional arc-melting methods. This achievement not only advances Schaeffler’s carbon reduction goals but also represents a significant milestone in the companies’ long-term commitment to sustainable development.
The introduction of this green steel is a crucial step forward in meeting the increasing global demand for low-carbon materials, particularly in the automotive industry. This collaboration between Schaeffler and CITIC Pacific Special Steel sets a new industry benchmark, demonstrating the potential for innovation in reducing the environmental impact of steel production.
Both companies view this success as a foundation for further cooperation in the pursuit of sustainability, with the aim of leading the way in the development of environmentally responsible manufacturing practices.
