10,971.52 TRY BIST 100 BIST 100
41.97 USD USD USD
5.93 CNY CNY CNY
48.55 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
40.01 TRY Interest Interest
64.98 USD Fossil Oil Fossil Oil
66.20 USD Silver Silver
5.10 USD Copper Copper
107.59 USD Iron Ore Iron Ore
344.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,417.44 TRY Gold (gr) Gold (gr)

Salzgitter and Klöckner & Co co-operate to increase green steel production in the market

Klockner & Co and Salzgitter Group will work together to increase the volume of green steel on the market, the two German companies announced on 23 May.

Salzgitter and Klöckner & Co co-operate to increase green steel production in the market

The steelmaker Salzgitter will deliver the CO2-reduced steel produced by the new hydrogen-based SALCOS production route to Becker Stahl-Service GmbH, a subsidiary of Klockner & Co, from the end of 2025 and sell it under the 'Nexigen' brand, under which Klockner & Co offers its CO2-reduced steel.

"Our partnership with the Salzgitter Group will enable us to significantly increase the availability of green steel for our customers and thus significantly strengthen the Nexigen brand offerings," said Guido Kerkhoff, CEO of Klockner & Co. "In this way, we can help our customers to continuously develop reliable and sustainable value chains."

"A key success factor for SALCOS is the close co-operation with customers and partners in line with our strategic mission 'Partnering for Transformation'," said Gunnar Groebler, CEO of Salzgitter. "The strong interest from industry, such as the automotive and home appliance sectors, and the trade in our CO2-reduced products show that the market for green steel products is gaining more and more traction."

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

Russian pig iron prices increased

Monday, November 3, 2025

Inflation in october remained below expectations

Monday, November 3, 2025

The Customs Authority and Qatar Steel signed a Memorandum of Understanding to regulate the export of scrap iron

Friday, October 31, 2025

EURANIMI: The European Commission’s new steel plan will wipe out tens of thousands of manufacturing companies

Monday, October 27, 2025

Group Five Pipe Saudi announced plans to increase spiral pipe production capacity by 350,000 tons per year

Monday, October 27, 2025
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