10,247.75 TRY BIST 100 BIST 100
34.67 EUR EUR EUR
32.26 USD USD USD
4.49 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
359.00 TRY Interest Interest
83.90 USD Fossil Oil Fossil Oil
27.61 USD Silver Silver
4.55 USD Copper Copper
114.61 USD Iron Ore Iron Ore
384.00 USD Ship Dismantling Ship Dismantling
2,406.63 TRY Gold (gr) Gold (gr)

SMS Group signs green steel agreement with Gunung Raja Paksi

Germany-based SMS Group has signed a memorandum of understanding with Indonesian steel company Gunung Raja Paksi (GRP) to support green steel development initiatives in Indonesia.

SMS Group signs green steel agreement with Gunung Raja Paksi

The move symbolises the duo's commitment to advancing sustainable steel industry procedures and processes through digital solutions, SMS said in a statement.

"We believe that this collaboration will bring positive changes to the Indonesian steel industry. We hope to explore innovative and sustainable solutions that will help reduce the environmental impacts of steel production," GRP President Director Argo Sangkaeng said in a statement.


Bernhard Steenken, vice president of sales for India and Asia Pacific at SMS, also believes that this co-operation will have a positive impact on the steel industry in Indonesia.

Comments

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

Emirates Steel Arkan showcases resilience in first-quarter performance amid global challenges

Thursday, May 9, 2024

Taiwan's stainless steel imports fall in April

Thursday, May 9, 2024

Russian coke shipments to India doubled in April

Thursday, May 9, 2024

Weekly outlook of the European steel market

Thursday, May 9, 2024

Bolat denies the claim that "restrictions on Israel have been removed"

Thursday, May 9, 2024
Follow List
Expand
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