Thyssenkrupp Materials Processing Europe, a subsidiary of German steel manufacturer Thyssenkrupp, announced the signing of an agreement with the Spanish company Hydnum Steel to join forces to transition to decarbonization of the steel industry.
Accordingly, Hydnum Steel will supply Thyssenkrupp Materials Processing Europe with up to tons of decarbonized rolled steel per year for an initial period of seven years. The products will be manufactured at the sheet metal production plant in Puertollano, Spain, which is currently under construction.
The agreement will allow Thyssenkrupp Materials Processing Europe, which has a wide range of customers in industries such as automotive, construction and home appliance manufacturing, to expand its range of environmentally friendly products and meet the growing industry interest in environmentally friendly solutions.
