8,964.10 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
34.24 USD USD USD
37.07 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.86 TRY Interest Interest
79.26 USD Fossil Oil Fossil Oil
31.23 USD Silver Silver
4.43 USD Copper Copper
100.13 USD Iron Ore Iron Ore
383.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,916.04 TRY Gold (gr) Gold (gr)

Blastr and Knauf Interfer partner to produce sustainable green steel

Knauf Interfer, a leading European metal processing company, has announced a significant partnership with Blastr Green Steel.

Blastr and Knauf Interfer partner to produce sustainable green steel

Knauf Interfer, a leading European metal processing company, has announced a significant partnership with Blastr Green Steel. The two companies will jointly supply the European market with 100,000 tons of ultra-low carbon steel annually.

Blastr's innovative production process utilizes hydrogen and renewable energy, resulting in 90% lower CO2 emissions compared to traditional steel production. This process is supported by a 2.5 million-ton capacity steel plant in Finland and a new green pellet facility in the United Kingdom.

Blastr CEO Mark Bula stated, "The collaboration between Blastr and Knauf Interfer is a significant step demonstrating Blastr's business model built on strong industrial partnerships and our customer-centric approach to meeting rapidly increasing demand. Together, we will create a more efficient green steel value chain delivering tangible climate change mitigation, coupled with a resilient regional supply chain."

Domenico Marino, COO of Knauf Interfer, added: "We are thrilled to partner with Blastr towards a greener future. This collaboration is a key step in meeting the growing demand for green steel through sustainable solutions across the supply chain and reflects Knauf Interfer's strong commitment to advancing the energy transition."

Blastr and Knauf Interfer are partnering to create a Europe-wide supply network for decarbonized steel, leveraging Knauf Interfer's logistics hubs in Duisburg, Germany. This collaboration represents a key step in meeting the surging demand for sustainable steel products.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Germany's crude steel production increased by 4.3% y/y in September

Wednesday, October 23, 2024

China’s rebar production increased by 22% in September

Wednesday, October 23, 2024

Japan's crude steel production decreased by 5.8% in September

Wednesday, October 23, 2024

JFE Holdings and JSW Steel start a new era with Thyssenkrupp acquisition

Wednesday, October 23, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now