PSI Metals and ArcelorMittal Group Strengthen Cooperation

In 2014, ArcelorMittal Group and PSI Metals concluded a Master Agreement for the global implementation of the PSImetals solution at ArcelorMittal plants. Meanwhile, the software covers important functional areas such as planning, quality, logistics and production at ArcelorMittal sites in Europe, America, and Asia.

With the contractual addition, both companies are accelerating the further implementation of PSImetals at the European sites for flat and long products. Thus, ArcelorMittal can benefit from an increase in production efficiency, improvement of product quality and lean customer service. This optimization can support ArcelorMittal’s decarbonization goals of reducing CO2 emissions by 35 percent in Europe by 2030 and achieving carbon neutrality by 2050.

The PSI Group develops its own software products for optimizing the flow of energy and materials for utilities (energy grids, energy trading, public transport) and industry (metals production, automotive, mechanical engineering, logistics). The industry-specific products, which are built from standard components, are sold both directly and via the multi-cloud PSI App Store and can also be customized by customers and partners themselves. PSI was founded in 1969 and employs about 2,200 people worldwide

Courtesy of PSI Metals.

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Sara Mathov is a feature editor contributing to Valve World Americas, Stainless steel World Americas and other related print & online media.