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Salzgitter and Klöckner & Co co-operate to increase green steel production in the market

Klockner & Co and Salzgitter Group will work together to increase the volume of green steel on the market, the two German companies announced on 23 May.

Salzgitter and Klöckner & Co co-operate to increase green steel production in the market

The steelmaker Salzgitter will deliver the CO2-reduced steel produced by the new hydrogen-based SALCOS production route to Becker Stahl-Service GmbH, a subsidiary of Klockner & Co, from the end of 2025 and sell it under the 'Nexigen' brand, under which Klockner & Co offers its CO2-reduced steel.

"Our partnership with the Salzgitter Group will enable us to significantly increase the availability of green steel for our customers and thus significantly strengthen the Nexigen brand offerings," said Guido Kerkhoff, CEO of Klockner & Co. "In this way, we can help our customers to continuously develop reliable and sustainable value chains."

"A key success factor for SALCOS is the close co-operation with customers and partners in line with our strategic mission 'Partnering for Transformation'," said Gunnar Groebler, CEO of Salzgitter. "The strong interest from industry, such as the automotive and home appliance sectors, and the trade in our CO2-reduced products show that the market for green steel products is gaining more and more traction."

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