Hydnum Steel, described as ‘the first clean steel plant in southern Europe’, and thyssenkrupp Materials Processing Europe, a European leader in steel and aluminium processing, are joining forces to promote the transition to a decarbonised steel industry.
The Spanish company is in the process of building a flat steel plant in Puertollano, and claims it will become one of the leading clean steel producers in Europe.
Under the terms of the strategic agreement signed by the two companies, Hydnum Steel will supply thyssenkrupp Materials Processing with up to 100kt/yr of decarbonised flat steel for an initial period of seven years from the start of the plant’s operations. This, claims Hydnum, underlines the growing interest of major industrial players in low environmental impact steel and reinforces both companies as leaders in terms of sustainability and advanced technology.
thyssenkrupp Materials Processing, part of thyssenkrupp Materials Services, has processing facilities and distribution centres throughout Europe and a wide range of customers in sectors including the automotive industry, construction and household appliances. This agreement will enable the business to expand its range of environment-friendly products and respond to the industry’s growing interest in sustainable solutions.
“We are building something more than steel; we are setting the standard for what it means to be sustainable in the 21st century and demonstrating that it is possible to produce steel another way”.
Eva Maneiro, CEO of Hydnum Steel
thyssenkrupp Materials Services, claims to be one of the leading mill-independent materials distribution and services providers in the world.
Marcus Wöhl, CEO of thyssenkrupp Materials Processing, highlighted the agreement’s importance in a quickly evolving market: “Interest in clean steel is growing rapidly, and we need partners like Hydnum to offer solutions that combine sustainability and innovation. This agreement reinforces our role as leaders in the transformation of the steel industry”.
Eva Maneiro, CEO of Hydnum Steel, affirmed, “We are building something more than steel; we are setting the standard for what it means to be sustainable in the 21st century and demonstrating that it is possible to produce steel another way”.
The agreement includes a joint approach on low environmental impact logistics solutions, optimising deliveries and reducing associated emissions. In addition, the two companies will explore innovative business models and customised processing strategies to maximise the value of the products offered to their customers.