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Agreement between Hydnum Steel and thyssenkrupp Materials Processing to promote clean steel in Europe

Hydnum Steel, the first clean steel plant in southern Europe, and thyssenkrupp Materials Processing Europe, a European leader in steel and aluminum processing, are joining forces to promote the transition to a decarbonized steel industry.

Hydnum Steel is in the process of building an innovative flat steel plant in Puertollano (Spain), thus becoming 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 100,000 tpy of decarbonized flat steel per year for an initial period of seven years from the start of the plant’s operations. This commitment 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 has processing facilities and distribution centers throughout Europe and a wide range of customers in sectors including the automotive industry, construction and household appliances. This agreement will enable the company with German roots to expand its range of environmentally friendly products and respond to the industry’s growing interest in sustainable solutions. The company is part of thyssenkrupp Materials Services, one of the leading mill-independent materials distribution and service 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.”

Along the same lines, Eva Maneiro, CEO of Hydnum Steel, affirmed that “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 also includes a joint approach on low environmental impact logistics solutions, optimizing deliveries and reducing associated emissions. In addition, the two companies will explore innovative business models and customized processing strategies to maximize the value of the products offered to their customers.