Norwegian decarbonized steel developer Blastr Green Steel has announced that it has signed a memorandum of understanding with German steel distributor INTERFER Edelstahl Group for the annual supply of 150,000 tonnes of ultra-low carbon HRC steel products.
Deliveries of these products are planned to begin by the end of 2029. The companies plan to begin discussions on a binding agreement in early 2025.
This is the second supply agreement in just a month, covering a total of 10 percent of the planned capacity of Blastr's green steel mill, which is under development in Inkoo, Finland. Last month, the company signed an agreement to supply 100,000 tonnes of ultra-low carbon steel annually to European steel processing and distribution company Knauf Interfer.
Norwegian company Blastr Green Steel will supply ultra-low carbon steel
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