Stegra will supply significant amounts of non-standard steel to thyssenkrupp Materials Services, according to Kallanish from the German distribution group. thyssenkrupp Materials Processing Europe has signed a multi-year agreement with a Swedish steel manufacturer from scratch.
Due to the specifics of steel production, steel mills produce a certain amount of low-quality steel. It is a material that does not meet the highest quality standards that may be required in certain applications, but it is still a strong and durable material suitable for a variety of applications. As a result, as tk Materials explains, steel of inferior quality occupies a significant share in the European steel market.
"A partner in the production of high-quality steel is important for the development of our steel mill, and we see this as the beginning of a long-term partnership with thyssenkrupp Materials Services as a key player in the market," says Stefan Flapper, Commercial Director of Stegra.
Despite the fact that the future Stegra steel plant in Boden will use only hydrogen and renewable electricity, the low-quality steel purchased by tk Materials will not be considered as low-CO2 steel, the buyer group notes.
The first deliveries are expected to begin in 2027. The total volume of supplies under the agreement will be six figures. "At thyssenkrupp Materials Processing Europe, we have a customer base, logistical capabilities and a technological network for processing such large volumes of steel," says Heather Widekop, Executive Director of the division. The company plans to supply products to customers in various industries throughout Europe.
Author: Christian Kel Germany
Kallanish.com
