US EditionSwedish Green Steel Startup Stegra Signs Deal to Supply Thyssenkrupp Materials
thyssenkrupp will buy high-six-digit tons of non-prime steel from Stegra's Boden site, supporting supply across Europe while enabling environmental attribute certificate sales.
10 Articles
10 Articles
Thyssenkrupp Materials enters into a multi-year supply contract with Swedish steel manufacturer Stegra. The deal shows how the green steel market is currently reorganising.
It is worth several billion kronor. And the client is one of Europe's most famous steel giants, Germany's Thyssenkrupp. Stegra, which has been in crisis, started the week with good news.
Swedish green steel startup Stegra said on Monday that it has secured Thyssenkrupp Materials Processing as its first customer for non-prime steel from a hydrogen-based plant it is building in northern Sweden that is due to start operations next year.
The financially strained steel company Stegra has reached a multi-billion-sek deal with the German steel manufacturer Thyssenkrupp. The sale concerns so-called non-prime steel. That is, steel that is not of the highest quality.
Thyssenkrupp, Stegra ink green steel deal for sustainable future
In a significant move towards sustainable steel production, thyssenkrupp Materials Processing Europe has inked a multi-year deal with Swedish green steel pioneer, Stegra. The agreement, which comes on the heels of Stegra’s recent financing round, will see thyssenkrupp acquiring non-prime steel from Stegra’s new facility in Boden, Sweden. Stegra, established in 2020, is at the forefront of green… Source
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