Posted on 20 Jun 2023
Cargill Metals has entered into a multi-year agreement with Swedish industrial start-up H2 Green Steel for the supply of green steel, with a goal to ‘accelerate global ferrous supply chain decarbonization.’
“Today’s announcement marks another strategic milestone in advancing our sustainability goals. Our customers are already signalling significant interest in CO2 steel.''
Lee Kirk, managing director, Cargill Metals
“Today’s announcement marks another strategic milestone in advancing our sustainability goals. Our customers are already signalling significant interest in CO2 steel. H2 Green Steel is one of the first out of the starting blocks as H2 Green Steel in producing green steel at scale,” said Lee Kirk, managing director, Cargill Metals.
Cargill Metals connects different parts of the ferrous supply chain, from iron ore mining to steel mills around the world, and according to a press release, is committed to delivering on its sustainability goals through a variety of initiatives, including partnerships that develop cleaner products with lower CO2-footprint.
''Cargill’s global reach will help H2 Green Steel’s products be available to other markets as demand grows beyond the EU.”
Mark Bula, commercial head of Boden Steel at H2 Green Steel
“It is the commitment to a responsible and sustainable connected ferrous metals supply chain that drew us to this partnership with Cargill. The additional possibilities for working together for both upstream and downstream emission reductions that enhance this distribution relationship. Cargill’s global reach will help H2 Green Steel’s products be available to other markets as demand grows beyond the EU,” commented Mark Bula, commercial head of Boden Steel at H2 Green Steel.
Source:Steel Times International
