Tata Steel inks pact with European steel processors to supply...

Tata Steel inks pact with European steel processors to supply low CO2 steel | The Avenue Mail


Jamshedpur, Feb 28: Tata Steel Nederland has reached new agreements with Wuppermann, BILSTEIN, EMW Stahl Service and Arania to supply them with Zeremis Carbon Lite – steel with an allocated carbon footprint reduction of up to 90% starting 2023. The use of lower CO2 steel by these steel processors, who supply major players in the automotive and industrial markets, enables their customers to make greener end products such as kitchens, robotic storage systems and passenger cars.

“Over the years, we’ve developed a collaboration with Wuppermann, BILSTEIN, EMW Stahl Service and Arania that allowed for open discussion on ways to further reduce their scope-3 emissions and create shared sustainability strategies. We can already supply them a significant amount of high-quality low-CO2 steel now, and we aim to offer large quantities of high-quality green steel by 2030, when we target to commission our first direct reduction plants and electric furnaces at our IJmuiden site.”

MGT has an unlimited supply of DR grade pellets which will be highly sought after by companies like Tata Steel to achieve their decarbonisation goals. IMHO.