9,347.17 TL BIST 100 BIST 100
€33.62 EUR EUR
31.06 $ USD USD
43.42 TL Interest Interest
83.25 $ Fossil Oil Fossil Oil
22.62 $ Silver Silver
3.88 $ Copper Copper
121.11 $ Iron Ore Iron Ore
394.00 $ Ship Dismantling Ship Dismantling
2,023.50 TL Gold (gr) Gold (gr)

H2 Green Steel signs 7-year agreement with Purmo Group for the supply of low carbon steel

H2 Green Steel has signed a binding agreement with Purmo Group, a supplier of indoor air conditioning solutions, for the delivery of low carbon steel to support the company's sustainability goal.

H2 Green Steel signs 7-year agreement with Purmo Group for the supply of low carbon steel

H2 Green Steel will deliver 140,000 mt of green steel to Purmo Group between 2026 and 2033, the companies said on 6 November. Steel accounts for about 50 per cent of all raw materials purchased by Purmo Group.

John Peter Leesi, CEO of Purmo Group, said: "We will be a pioneer in our industry by securing the supply of green steel and starting the production of green steel products. Our customers are demanding new and more energy efficient heating and cooling systems and Purmo Group is well positioned to meet this growing demand."

Purmo Group's decision to source green steel from H2 Green Steel is part of their goal to steer their production towards a 1.5C future and carbon neutrality by 2025.

H2 Green Steel has entered into many purchasing agreements with steel buyers from different industries as the demand for low carbon steel increases in different sectors.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

South Korea increased its crude steel production in January

Saturday, February 24, 2024

Nippon Steel's bid to acquire US Steel has ignited national security debates in the US

Saturday, February 24, 2024

NLMK Europe announced the partnership with Askon Demir Çelik

Saturday, February 24, 2024

The US imposes sanctions on 93 entites, including Türkiye: Here are 16 targeted companies from Türkiye

Saturday, February 24, 2024

Iron ore prices in decline: Abundant supply and weak demand continue to pressure

Saturday, February 24, 2024
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now