Blastr Green Steel Lines Up Another Customer
10/23/2024 - German steel processor and distributor Knauf Interfer has signed a memorandum of understanding with startup Blastr Green Steel, inking an agreement that could see the company annually taking 100,000 metric tons of Blastr’s ultralow-CO₂ steel.
"The collaboration between Blastr and Knauf Interfer is an important step towards demonstrating Blastr’s business model founded on strong industrial partnerships and our customer-centric approach to meet rapidly growing demand. Together, we will create a more efficient green steel value chain which delivers tangible climate change mitigation combined with a resilient regional supply chain," said Blastr chief executive officer Mark Bula.
Blastr and Knauf Interfer will develop a European ultralow-CO₂ steel supply network leveraging Knauf Interfer's production and supply chain management platform, centered around their trimodal hub in Duisburg, Germany.
“We are excited to partner with Blastr for a greener future. This collaboration is a major step towards meeting increased demand for green steel through sustainable solutions across the supply chain and reflects Knauf Interfer’s strong commitment to progressing the energy transition,” said Knauf Interfer chief operating officer Domenico Marino.