Blastr Green Steel partners with Knauf Interfer

Norway-based Blastr Green Steel has entered a memorandum of understanding with Germany-based metal processor Knauf Interfer for the annual supply of 100,000 metric tons (approximately 110,200 tons) of "ultra-low" CO₂ steel. The companies say the collaboration aims to materially increase the supply of decarbonized steel products in Europe.

According to Blastr, its steelmaking process has 90 percent lower CO₂ emissions than conventional steelmaking by replacing coal with hydrogen in the production process. This includes developing a steel plant in Inkoo, Finland, set to produce 2.5 million metric tons (approximately 2.7 million tons) of ultra-low CO₂ steel annually as well as a green pellets plant in the U.K. to meet European demand for sustainable industrial solutions.

“The collaboration between Blastr and Knauf Interfer is an important step towards demonstrating Blastr’s business model founded on strong industrial partnerships and our customer-centric approach to meet rapidly growing demand,” Blastr CEO Mark Bula says. “Together, we will create a more efficient green steel value chain which delivers tangible climate change mitigation combined with a resilient regional supply chain.”

The companies will work to develop a European ultra-low CO₂ steel supply network leveraging Knauf Interfer’s production and supply chain management platform, centered around its trimodal hub in Duisburg, Germany.

“We are excited to partner with Blastr for a greener future,” Knauf Interfer Chief Operations Officer Domenico Marino says. “This collaboration is a major step towards meeting increased demand for green steel through sustainable solutions across the supply chain and reflects Knauf Interfer’s strong commitment to progressing the energy transition.”