Pioneering Partnership for Fossil-Free Iron: GreenIron Collaborates with Scandinavian Steel AB in Sweden
Key Ideas
- Scandinavian Steel AB becomes the exclusive distributor of GreenIron's fossil-free iron, showcasing a commitment to sustainable practices in the Nordic and European markets.
- The partnership symbolizes a significant step forward in aligning with global climate goals and promoting environmentally responsible materials within the metal industry.
- GreenIron's upcoming commercial production in Sandviken in 2025 is poised to revolutionize the market with its fossil-free production technology, aiming to reduce carbon emissions and meet the industry's demand for sustainable materials.
GreenIron and Scandinavian Steel AB have entered into a collaboration agreement in Sweden, where Scandinavian Steel will be the exclusive distributor of GreenIron's fossil-free iron produced in Sandviken. This agreement includes the regular delivery of hydrogen DRI to the Nordic and European markets. The partnership signifies a major milestone towards sustainability and innovation in the metal industry, emphasizing the importance of offering fossil-free products aligned with global climate goals. Both companies view this collaboration as essential for driving the green transition within the industry. Peter Witz, COO of Scandinavian Steel, expressed pride in being the first distributor to deliver this groundbreaking product. Edward Murray, CEO of GreenIron, highlighted the strategic importance of this partnership in bringing their technology to customers in the region. GreenIron's upcoming commercial production in 2025 is expected to have a significant impact on reducing carbon emissions and meeting the increasing demand for environmentally responsible materials. The market has already shown interest in GreenIron's fossil-free production technology, underscoring the industry's shift towards sustainability and circular production.