9,724.50 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
35.13 USD USD USD
36.48 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.45 TRY Interest Interest
73.24 USD Fossil Oil Fossil Oil
29.75 USD Silver Silver
4.12 USD Copper Copper
100.31 USD Iron Ore Iron Ore
353.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,628.71 TRY Gold (gr) Gold (gr)

SMS Group signs green steel agreement with Gunung Raja Paksi

Germany-based SMS Group has signed a memorandum of understanding with Indonesian steel company Gunung Raja Paksi (GRP) to support green steel development initiatives in Indonesia.

SMS Group signs green steel agreement with Gunung Raja Paksi

The move symbolises the duo's commitment to advancing sustainable steel industry procedures and processes through digital solutions, SMS said in a statement.

"We believe that this collaboration will bring positive changes to the Indonesian steel industry. We hope to explore innovative and sustainable solutions that will help reduce the environmental impacts of steel production," GRP President Director Argo Sangkaeng said in a statement.


Bernhard Steenken, vice president of sales for India and Asia Pacific at SMS, also believes that this co-operation will have a positive impact on the steel industry in Indonesia.

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

South Korea's crude steel production declines in November

Monday, December 23, 2024

‘IMF: Gulf countries continue to grow on reforms and steel production’

Monday, December 23, 2024

India launches investigation into flat steel product imports

Monday, December 23, 2024

Italy's crude steel production decreased in November

Monday, December 23, 2024

Ukraine increased the export of scrap by 62.4%

Monday, December 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